iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Sold by Forte Asset Management LLC

Forte Asset Management LLC trimmed its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,782 shares of the company’s stock after selling 290 shares during the quarter. Forte Asset Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $331,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in iShares Core U.S. REIT ETF by 1.0% in the third quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock valued at $18,432,000 after purchasing an additional 3,059 shares during the period. Park Avenue Securities LLC purchased a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at approximately $478,000. State Street Corp grew its holdings in iShares Core U.S. REIT ETF by 27.7% in the third quarter. State Street Corp now owns 41,900 shares of the company’s stock valued at $2,580,000 after purchasing an additional 9,100 shares during the period. Biltmore Wealth Management LLC grew its holdings in iShares Core U.S. REIT ETF by 24.7% in the third quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock valued at $11,918,000 after purchasing an additional 38,296 shares during the period. Finally, FMR LLC grew its holdings in iShares Core U.S. REIT ETF by 250.3% in the third quarter. FMR LLC now owns 5,549 shares of the company’s stock valued at $342,000 after purchasing an additional 3,965 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock opened at $58.69 on Tuesday. iShares Core U.S. REIT ETF has a 1 year low of $49.12 and a 1 year high of $63.22. The firm has a 50 day moving average price of $58.70 and a 200 day moving average price of $59.30. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97.

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.