Phillips Financial Management LLC Has $10.43 Million Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Phillips Financial Management LLC lessened its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 16.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 182,023 shares of the company’s stock after selling 36,105 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $10,432,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of USRT. Landmark Wealth Management LLC boosted its stake in iShares Core U.S. REIT ETF by 3.3% in the fourth quarter. Landmark Wealth Management LLC now owns 6,620 shares of the company’s stock valued at $379,000 after buying an additional 211 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in iShares Core U.S. REIT ETF by 1.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 15,333 shares of the company’s stock valued at $879,000 after purchasing an additional 237 shares during the period. Aptus Capital Advisors LLC raised its stake in shares of iShares Core U.S. REIT ETF by 1.4% in the third 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 last quarter. Epiq Partners LLC lifted its position in shares of iShares Core U.S. REIT ETF by 9.3% during the fourth quarter. Epiq Partners LLC now owns 4,000 shares of the company’s stock valued at $229,000 after purchasing an additional 341 shares in the last quarter. Finally, Flagship Harbor Advisors LLC boosted its position in iShares Core U.S. REIT ETF by 7.6% in the fourth quarter. Flagship Harbor Advisors LLC now owns 5,445 shares of the company’s stock worth $312,000 after purchasing an additional 384 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Down 0.4 %

USRT opened at $57.28 on Thursday. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 32.68 and a beta of 1.10. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22. The company’s 50-day moving average price is $58.08 and its two-hundred day moving average price is $59.62.

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.