Sumitomo Life Insurance Co. grew its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 293,300 shares of the company’s stock after purchasing an additional 11,000 shares during the period. iShares Core U.S. REIT ETF comprises about 0.5% of Sumitomo Life Insurance Co.’s holdings, making the stock its 29th biggest holding. Sumitomo Life Insurance Co. owned 0.52% of iShares Core U.S. REIT ETF worth $16,706,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also modified their holdings of USRT. Brighton Jones LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at $660,000. Royal Bank of Canada lifted its holdings in shares of iShares Core U.S. REIT ETF by 12.9% during the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after purchasing an additional 11,175 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the first quarter valued at $220,000. Quantinno Capital Management LP lifted its holdings in shares of iShares Core U.S. REIT ETF by 3.4% during the second quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock valued at $432,000 after purchasing an additional 250 shares during the last quarter. Finally, Betterment LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 5.1% during the second quarter. Betterment LLC now owns 10,505 shares of the company’s stock valued at $594,000 after purchasing an additional 506 shares during the last quarter.
iShares Core U.S. REIT ETF Stock Up 0.9%
Shares of NYSEARCA USRT opened at $66.86 on Friday. The business has a fifty day simple moving average of $64.08 and a 200-day simple moving average of $60.98. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 35.32 and a beta of 0.97. iShares Core U.S. REIT ETF has a 12 month low of $55.34 and a 12 month high of $67.00.
iShares Core U.S. REIT ETF Profile
The iShares Core U.S. REIT ETF (USRT) is an exchange-traded fund that is based on the FTSE Nareit \u002F Equity REITs – INV index, a market-cap-weighted index of US-listed REITs USRT was launched on May 1, 2007 and is managed by BlackRock.
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