Naviter Wealth LLC Buys 22,498 Shares of iShares Core U.S. REIT ETF $USRT

Naviter Wealth LLC grew its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 55.7% in the 4th quarter, Holdings Channel reports. The firm owned 62,871 shares of the company’s stock after purchasing an additional 22,498 shares during the period. Naviter Wealth LLC’s holdings in iShares Core U.S. REIT ETF were worth $3,581,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Rakuten Investment Management Inc. bought a new stake in shares of iShares Core U.S. REIT ETF during the third quarter valued at approximately $43,229,000. Thrivent Financial for Lutherans boosted its holdings in iShares Core U.S. REIT ETF by 351.4% in the third quarter. Thrivent Financial for Lutherans now owns 467,182 shares of the company’s stock worth $27,433,000 after acquiring an additional 363,682 shares in the last quarter. Financial & Tax Architects LLC bought a new stake in iShares Core U.S. REIT ETF in the third quarter worth $20,405,000. Sumitomo Life Insurance Co. boosted its holdings in iShares Core U.S. REIT ETF by 488.1% in the third quarter. Sumitomo Life Insurance Co. now owns 282,300 shares of the company’s stock worth $16,577,000 after acquiring an additional 234,300 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Core U.S. REIT ETF by 9.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,748,498 shares of the company’s stock worth $102,672,000 after acquiring an additional 145,652 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Up 0.4%

iShares Core U.S. REIT ETF stock opened at $60.40 on Wednesday. The business’s fifty day simple moving average is $60.79 and its two-hundred day simple moving average is $58.97. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $63.72. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 35.32 and a beta of 1.00.

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.