MMA Asset Management LLC Buys New Position in iShares Core U.S. REIT ETF $USRT

MMA Asset Management LLC purchased a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 19,599 shares of the company’s stock, valued at approximately $1,207,000.

Several other institutional investors and hedge funds also recently made changes to their positions in USRT. Glenmede Trust Co. NA increased its position in shares of iShares Core U.S. REIT ETF by 12.6% during the first quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock worth $116,324,000 after acquiring an additional 219,237 shares in the last quarter. Trust Co of Tennessee lifted its position in iShares Core U.S. REIT ETF by 0.6% in the 3rd quarter. Trust Co of Tennessee now owns 1,202,727 shares of the company’s stock valued at $74,064,000 after acquiring an additional 7,666 shares in the last quarter. Apollon Wealth Management LLC bought a new stake in iShares Core U.S. REIT ETF in the 3rd quarter valued at $62,470,000. Rakuten Investment Management Inc. lifted its position in iShares Core U.S. REIT ETF by 11.2% in the 3rd quarter. Rakuten Investment Management Inc. now owns 935,681 shares of the company’s stock valued at $58,190,000 after acquiring an additional 93,900 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in iShares Core U.S. REIT ETF by 213,523.6% in the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock worth $46,026,000 after purchasing an additional 777,226 shares during the period.

iShares Core U.S. REIT ETF Trading Down 1.7%

Shares of NYSEARCA USRT opened at $65.27 on Friday. The company has a fifty day moving average price of $63.30 and a 200 day moving average price of $63.81. The firm has a market cap of $4.39 billion, a PE ratio of 35.32 and a beta of 0.94. iShares Core U.S. REIT ETF has a 1-year low of $56.44 and a 1-year high of $70.09.

About iShares Core U.S. REIT ETF

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.