iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 12-Month High at $60.82

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) hit a new 52-week high during trading on Wednesday . The stock traded as high as $60.82 and last traded at $60.82, with a volume of 10869 shares. The stock had previously closed at $60.45.

iShares Core U.S. REIT ETF Trading Up 0.2 %

The company’s fifty day simple moving average is $56.78 and its 200-day simple moving average is $53.85. The stock has a market cap of $2.64 billion, a P/E ratio of 26.47 and a beta of 0.97.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. US Bancorp DE grew its stake in iShares Core U.S. REIT ETF by 31.6% during the fourth quarter. US Bancorp DE now owns 2,368,681 shares of the company’s stock worth $128,596,000 after buying an additional 568,833 shares during the last quarter. Trust Co of Tennessee bought a new position in iShares Core U.S. REIT ETF in the 2nd quarter valued at $61,055,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core U.S. REIT ETF by 5.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock worth $58,554,000 after purchasing an additional 58,262 shares during the last quarter. Heritage Financial Services LLC increased its stake in shares of iShares Core U.S. REIT ETF by 7.6% in the second quarter. Heritage Financial Services LLC now owns 715,170 shares of the company’s stock valued at $38,305,000 after buying an additional 50,814 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in iShares Core U.S. REIT ETF by 32.1% during the 2nd 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 in the last quarter.

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.