MFA Wealth Advisors LLC Reduces Stock Holdings in iShares Core U.S. REIT ETF $USRT

MFA Wealth Advisors LLC trimmed its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 9.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 19,380 shares of the company’s stock after selling 2,083 shares during the period. MFA Wealth Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,096,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USRT. Brighton Jones LLC purchased a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $660,000. Millennium Management LLC purchased a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $228,000. Quantinno Capital Management LP purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at about $244,000. United Advisor Group LLC purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at about $250,000. Finally, Lakeshore Capital Group Inc. purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at about $225,000.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock opened at $58.04 on Tuesday. The business’s 50-day simple moving average is $57.43 and its two-hundred day simple moving average is $56.67. The company has a market cap of $3.03 billion, a PE ratio of 35.32 and a beta of 0.94. iShares Core U.S. REIT ETF has a fifty-two week low of $48.47 and a fifty-two week high of $63.22.

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.