Fi3 FINANCIAL ADVISORS LLC Cuts Stock Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Fi3 FINANCIAL ADVISORS LLC trimmed its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 9.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 27,692 shares of the company’s stock after selling 2,945 shares during the period. iShares Core U.S. REIT ETF accounts for about 0.7% of Fi3 FINANCIAL ADVISORS LLC’s portfolio, making the stock its 18th largest position. Fi3 FINANCIAL ADVISORS LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,503,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. FourThought Financial Partners LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 20.2% in the fourth quarter. FourThought Financial Partners LLC now owns 8,054 shares of the company’s stock worth $437,000 after buying an additional 1,356 shares in the last quarter. First Horizon Advisors Inc. bought a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at about $64,000. One Day In July LLC grew its position in shares of iShares Core U.S. REIT ETF by 30.0% during the fourth quarter. One Day In July LLC now owns 6,381 shares of the company’s stock valued at $346,000 after purchasing an additional 1,472 shares in the last quarter. Hexagon Capital Partners LLC grew its position in shares of iShares Core U.S. REIT ETF by 27.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 2,092 shares of the company’s stock valued at $114,000 after purchasing an additional 445 shares in the last quarter. Finally, Fiducient Advisors LLC grew its holdings in iShares Core U.S. REIT ETF by 25.1% during the 4th quarter. Fiducient Advisors LLC now owns 805,668 shares of the company’s stock valued at $43,740,000 after buying an additional 161,645 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA:USRT traded up $0.34 during trading hours on Friday, reaching $51.05. The stock had a trading volume of 697,678 shares, compared to its average volume of 265,207. The stock has a market capitalization of $2.23 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 52 week low of $43.76 and a 52 week high of $55.40. The company has a 50 day moving average price of $52.13 and a two-hundred day moving average price of $51.33.

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.