iShares Core U.S. REIT ETF (NYSEARCA:USRT) Reaches New 1-Year High – Should You Buy?

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $67.78 and last traded at $67.73, with a volume of 55310 shares changing hands. The stock had previously closed at $66.99.

iShares Core U.S. REIT ETF Stock Up 1.7%

The firm’s 50-day moving average is $65.34 and its 200-day moving average is $61.94. The company has a market capitalization of $4.48 billion, a PE ratio of 35.32 and a beta of 0.96.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of USRT. WealthShield Partners LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter worth approximately $29,000. Signaturefd LLC boosted its position in iShares Core U.S. REIT ETF by 143.7% during the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock valued at $37,000 after buying an additional 378 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at about $38,000. Brown Brothers Harriman & Co. bought a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at about $40,000. Finally, Huntington National Bank grew its stake in shares of iShares Core U.S. REIT ETF by 71,200.0% during the fourth quarter. Huntington National Bank now owns 713 shares of the company’s stock valued at $41,000 after buying an additional 712 shares during 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.