LPL Financial LLC Buys 562,265 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

LPL Financial LLC increased its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 256.5% during the fourth quarter, Holdings Channel reports. The firm owned 781,468 shares of the company’s stock after acquiring an additional 562,265 shares during the period. LPL Financial LLC’s holdings in iShares Core U.S. REIT ETF were worth $44,786,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avior Wealth Management LLC raised its position in shares of iShares Core U.S. REIT ETF by 47.1% in the 4th quarter. Avior Wealth Management LLC now owns 2,300 shares of the company’s stock valued at $132,000 after buying an additional 736 shares in the last quarter. Park Avenue Securities LLC acquired a new position in iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $478,000. Sumitomo Mitsui Trust Group Inc. raised its position in iShares Core U.S. REIT ETF by 91.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 28,644 shares of the company’s stock valued at $1,642,000 after purchasing an additional 13,683 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core U.S. REIT ETF by 1.0% in 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 in the last quarter. Finally, Cascade Wealth Advisors Inc increased its stake in shares of iShares Core U.S. REIT ETF by 11.1% in the 4th quarter. Cascade Wealth Advisors Inc now owns 42,967 shares of the company’s stock valued at $2,462,000 after purchasing an additional 4,295 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock opened at $57.04 on Friday. iShares Core U.S. REIT ETF has a 52 week low of $49.12 and a 52 week high of $63.22. The stock has a market capitalization of $2.80 billion, a P/E ratio of 32.68 and a beta of 1.10. The stock has a fifty day moving average of $58.23 and a 200-day moving average of $59.37.

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.