iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Strong Trading Volume

Posted by Trent Williams on Apr 18th, 2024

iShares Core U.S. REIT ETF (NYSEARCA:USRT – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 390,848 shares traded hands during mid-day trading, an increase of 67% from the previous session’s volume of 233,799 shares.The stock last traded at $49.29 and had previously closed at $49.35.

iShares Core U.S. REIT ETF Trading Up 0.1 %

The company has a market cap of $2.16 billion, a price-to-earnings ratio of 26.66 and a beta of 0.99. The firm’s fifty day moving average price is $52.64 and its 200-day moving average price is $51.06.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Moneta Group Investment Advisors LLC raised its holdings in iShares Core U.S. REIT ETF by 79,315.7% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 69,785,784 shares of the company’s stock worth $3,450,907,000 after buying an additional 69,697,910 shares during the period. Cowa LLC boosted its position in shares of iShares Core U.S. REIT ETF by 7,125.6% during the first quarter. Cowa LLC now owns 4,511,503 shares of the company’s stock worth $4,331,000 after buying an additional 4,449,065 shares during the period. Charles Schwab Investment Advisory Inc. boosted its position in shares of iShares Core U.S. REIT ETF by 12.4% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 2,687,811 shares of the company’s stock worth $145,921,000 after buying an additional 295,954 shares during the period. US Bancorp DE boosted its position in shares of 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 period. Finally, BlackRock Inc. lifted its stake in iShares Core U.S. REIT ETF by 9.1% in the 1st quarter. BlackRock Inc. now owns 1,947,277 shares of the company’s stock valued at $98,143,000 after acquiring an additional 163,152 shares in the last quarter.

About iShares Core U.S. REIT ETF

(Get 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.