Northwestern Mutual Wealth Management Co. Sells 1,653,780 Shares of iShares Core U.S. REIT ETF $USRT

Northwestern Mutual Wealth Management Co. trimmed its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 94.6% in the fourth quarter, Holdings Channel reports. The fund owned 94,718 shares of the company’s stock after selling 1,653,780 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core U.S. REIT ETF were worth $5,395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of USRT. Brighton Jones LLC acquired a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at $660,000. Royal Bank of Canada increased its holdings in iShares Core U.S. REIT ETF by 12.9% in the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after purchasing an additional 11,175 shares during the period. AQR Capital Management LLC acquired a new stake in iShares Core U.S. REIT ETF in the first quarter valued at $220,000. Quantinno Capital Management LP increased its holdings in iShares Core U.S. REIT ETF by 3.4% in the second quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock valued at $432,000 after purchasing an additional 250 shares during the period. Finally, Betterment LLC increased its holdings in iShares Core U.S. REIT ETF by 5.1% in the second quarter. Betterment LLC now owns 10,505 shares of the company’s stock valued at $594,000 after purchasing an additional 506 shares during the period.

iShares Core U.S. REIT ETF Stock Up 0.2%

NYSEARCA USRT opened at $65.49 on Friday. The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of 35.32 and a beta of 0.99. iShares Core U.S. REIT ETF has a twelve month low of $55.19 and a twelve month high of $65.77. The stock has a fifty day simple moving average of $62.41 and a 200 day simple moving average of $60.20.

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.