Sharper & Granite LLC Increases Stock Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Sharper & Granite LLC grew its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 13.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 26,835 shares of the company’s stock after buying an additional 3,274 shares during the quarter. Sharper & Granite LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,538,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in USRT. US Bancorp DE raised its position in iShares Core U.S. REIT ETF by 1.5% in the 3rd quarter. US Bancorp DE now owns 2,687,948 shares of the company’s stock valued at $165,497,000 after purchasing an additional 39,016 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in iShares Core U.S. REIT ETF by 5.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock valued at $58,554,000 after purchasing an additional 58,262 shares during the period. Heritage Financial Services LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 2.6% in the third quarter. Heritage Financial Services LLC now owns 734,016 shares of the company’s stock valued at $45,193,000 after buying an additional 18,846 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of iShares Core U.S. REIT ETF by 32.1% during the second quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock worth $34,855,000 after buying an additional 158,072 shares during the period. Finally, Kestra Investment Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the 3rd quarter valued at approximately $33,794,000.

iShares Core U.S. REIT ETF Trading Up 1.3 %

Shares of USRT stock opened at $55.86 on Tuesday. The company has a market capitalization of $2.44 billion, a P/E ratio of 26.47 and a beta of 0.97. The business’s 50 day moving average is $59.36 and its two-hundred day moving average is $59.01. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22.

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.