Synergy Asset Management LLC Invests $54,000 in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Synergy Asset Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRTFree Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 883 shares of the company’s stock, valued at approximately $54,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the 4th quarter worth approximately $478,000. JPMorgan Chase & Co. boosted its position in iShares Core U.S. REIT ETF by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock valued at $18,432,000 after purchasing an additional 3,059 shares during the period. Avior Wealth Management LLC increased its position in iShares Core U.S. REIT ETF by 47.1% in the fourth quarter. Avior Wealth Management LLC now owns 2,300 shares of the company’s stock worth $132,000 after buying an additional 736 shares during the period. State Street Corp increased its position in iShares Core U.S. REIT ETF by 27.7% in the third quarter. State Street Corp now owns 41,900 shares of the company’s stock worth $2,580,000 after buying an additional 9,100 shares during the period. Finally, Biltmore Wealth Management LLC lifted its stake in iShares Core U.S. REIT ETF by 24.7% in the third quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock valued at $11,918,000 after buying an additional 38,296 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of USRT opened at $58.01 on Friday. The firm has a fifty day moving average of $58.52 and a 200-day moving average of $59.29. The company has a market cap of $2.53 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 1 year low of $49.12 and a 1 year high of $63.22.

iShares Core U.S. REIT ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding USRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. REIT ETF (NYSEARCA:USRTFree Report).

Institutional Ownership by Quarter for iShares Core U.S. REIT ETF (NYSEARCA:USRT)

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