39,333 Shares in iShares Core U.S. REIT ETF $USRT Purchased by RKL Wealth Management LLC

RKL Wealth Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 39,333 shares of the company’s stock, valued at approximately $2,422,000. RKL Wealth Management LLC owned approximately 0.06% of iShares Core U.S. REIT ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of USRT. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of iShares Core U.S. REIT ETF in the fourth quarter valued at $38,000. SHP Wealth Management bought a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth $46,000. First Horizon Corp purchased a new stake in iShares Core U.S. REIT ETF during the first quarter valued at $65,000. Western Wealth Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the first quarter valued at $65,000. Finally, Compass Financial Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the second quarter valued at $78,000.

iShares Core U.S. REIT ETF Stock Performance

USRT stock traded up $0.19 during trading on Friday, hitting $62.24. 1,198,857 shares of the company’s stock traded hands, compared to its average volume of 590,781. iShares Core U.S. REIT ETF has a 52 week low of $56.44 and a 52 week high of $70.09. The business has a fifty day simple moving average of $64.22 and a 200 day simple moving average of $64.94. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

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.