Cary Street Partners Investment Advisory LLC Sells 1,447 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Cary Street Partners Investment Advisory LLC lowered its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 11.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,948 shares of the company’s stock after selling 1,447 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in iShares Core U.S. REIT ETF were worth $594,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at $27,000. Blue Trust Inc. purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter valued at $35,000. IFP Advisors Inc lifted its position in iShares Core U.S. REIT ETF by 33.5% during the third quarter. IFP Advisors Inc now owns 924 shares of the company’s stock valued at $44,000 after buying an additional 232 shares during the period. Headinvest LLC purchased a new position in iShares Core U.S. REIT ETF during the third quarter valued at $46,000. Finally, Orion Capital Management LLC purchased a new position in iShares Core U.S. REIT ETF during the third quarter valued at $71,000.

iShares Core U.S. REIT ETF Trading Down 1.7 %

Shares of iShares Core U.S. REIT ETF stock opened at $50.04 on Wednesday. The firm has a market capitalization of $2.18 billion, a P/E ratio of 26.47 and a beta of 0.97. The business has a fifty day simple moving average of $52.26 and a two-hundred day simple moving average of $51.32. iShares Core U.S. REIT ETF has a 12 month low of $43.76 and a 12 month high of $55.40.

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.