Allstate Corp Makes New Investment in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Allstate Corp bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,392 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter valued at $27,000. Smithfield Trust Co purchased a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter valued at $28,000. Heritage Wealth Advisors purchased a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter valued at $31,000. Blue Trust Inc. acquired a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at $35,000. Finally, Cape Investment Advisory Inc. grew its holdings in iShares Core U.S. REIT ETF by 77.0% during the 4th quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after purchasing an additional 388 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

USRT traded up $0.72 during trading hours on Monday, reaching $57.21. 90,989 shares of the stock traded hands, compared to its average volume of 230,701. The firm’s fifty day simple moving average is $53.19 and its two-hundred day simple moving average is $52.66. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a fifty-two week low of $43.76 and a fifty-two week high of $57.78.

iShares Core U.S. REIT ETF Company 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.