Element Wealth LLC Boosts Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Element Wealth LLC lifted its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 130.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,940 shares of the company’s stock after buying an additional 1,098 shares during the quarter. Element Wealth LLC’s holdings in iShares Core U.S. REIT ETF were worth $105,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of USRT. OLD Second National Bank of Aurora grew its holdings in iShares Core U.S. REIT ETF by 15.6% in the fourth quarter. OLD Second National Bank of Aurora now owns 1,573 shares of the company’s stock valued at $85,000 after purchasing an additional 212 shares during the period. IFP Advisors Inc lifted its position in iShares Core U.S. REIT ETF by 33.5% during the third quarter. IFP Advisors Inc now owns 924 shares of the company’s stock valued at $44,000 after buying an additional 232 shares in the last quarter. Fingerlakes Wealth Management Inc. lifted its position in iShares Core U.S. REIT ETF by 2.9% during the fourth quarter. Fingerlakes Wealth Management Inc. now owns 9,551 shares of the company’s stock valued at $519,000 after buying an additional 272 shares in the last quarter. CarsonAllaria Wealth Management Ltd. lifted its position in iShares Core U.S. REIT ETF by 0.8% during the third quarter. CarsonAllaria Wealth Management Ltd. now owns 35,829 shares of the company’s stock valued at $1,690,000 after buying an additional 286 shares in the last quarter. Finally, Pathstone Family Office LLC lifted its position in iShares Core U.S. REIT ETF by 3.9% during the third quarter. Pathstone Family Office LLC now owns 7,795 shares of the company’s stock valued at $368,000 after buying an additional 290 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

USRT stock traded up $0.50 during midday trading on Tuesday, reaching $50.61. 148,383 shares of the company’s stock traded hands, compared to its average volume of 239,598. The company has a market capitalization of $2.21 billion, a P/E ratio of 26.66 and a beta of 0.99. iShares Core U.S. REIT ETF has a fifty-two week low of $43.76 and a fifty-two week high of $55.40. The business has a 50-day moving average price of $52.48 and a two-hundred day moving average price of $51.18.

iShares Core U.S. REIT ETF 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.