MidAtlantic Capital Management Inc. Invests $426,000 in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,919 shares of the company’s stock, valued at approximately $426,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. River Street Advisors LLC boosted its position in shares of iShares Core U.S. REIT ETF by 10.0% during the 3rd quarter. River Street Advisors LLC now owns 13,303 shares of the company’s stock worth $819,000 after purchasing an additional 1,204 shares during the period. Destiny Capital Corp CO boosted its position in shares of iShares Core U.S. REIT ETF by 48.5% during the 3rd quarter. Destiny Capital Corp CO now owns 10,460 shares of the company’s stock worth $626,000 after purchasing an additional 3,415 shares during the period. Vawter Financial Ltd. purchased a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth approximately $203,000. Balboa Wealth Partners purchased a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth approximately $246,000. Finally, Aptus Capital Advisors LLC boosted its position in shares of iShares Core U.S. REIT ETF by 1.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 18,103 shares of the company’s stock worth $1,115,000 after purchasing an additional 243 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA:USRT opened at $60.03 on Monday. The stock has a market capitalization of $2.62 billion, a P/E ratio of 26.47 and a beta of 0.97. The company has a 50 day moving average price of $60.96 and a 200 day moving average price of $57.09. iShares Core U.S. REIT ETF has a fifty-two week low of $48.04 and a fifty-two week high of $62.94.

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.