iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 1-Year High – Time to Buy?

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s share price hit a new 52-week high on Thursday . The company traded as high as $68.32 and last traded at $68.24, with a volume of 73835 shares traded. The stock had previously closed at $67.06.

iShares Core U.S. REIT ETF Trading Up 2.0%

The stock has a 50 day moving average price of $65.74 and a 200 day moving average price of $62.44. The company has a market capitalization of $4.61 billion, a P/E ratio of 35.32 and a beta of 0.96.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Several large investors have recently added to or reduced their stakes in USRT. WealthShield Partners LLC bought a new stake in iShares Core U.S. REIT ETF in the 4th quarter valued at about $29,000. Signaturefd LLC increased its position in shares of 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 bought a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at $38,000. Brown Brothers Harriman & Co. bought a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter worth $40,000. Finally, Huntington National Bank raised its holdings in shares of iShares Core U.S. REIT ETF by 71,200.0% during the 4th quarter. Huntington National Bank now owns 713 shares of the company’s stock valued at $41,000 after buying an additional 712 shares in 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.