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

Apollon Wealth Management LLC trimmed its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 16,339 shares of the company’s stock after selling 459 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $887,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Element Wealth LLC boosted its holdings in iShares Core U.S. REIT ETF by 130.4% during the fourth quarter. Element Wealth LLC now owns 1,940 shares of the company’s stock worth $105,000 after buying an additional 1,098 shares in the last quarter. Values Added Financial LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 10.0% during the 4th quarter. Values Added Financial LLC now owns 5,712 shares of the company’s stock worth $310,000 after acquiring an additional 520 shares in the last quarter. Presilium Private Wealth LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter worth $4,070,000. RTD Financial Advisors Inc. raised its position in shares of iShares Core U.S. REIT ETF by 3.0% during the fourth quarter. RTD Financial Advisors Inc. now owns 26,264 shares of the company’s stock worth $1,426,000 after purchasing an additional 766 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares Core U.S. REIT ETF by 429.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 54,961 shares of the company’s stock valued at $2,984,000 after purchasing an additional 44,586 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Up 2.2 %

NYSEARCA USRT opened at $52.22 on Friday. iShares Core U.S. REIT ETF has a 1 year low of $43.76 and a 1 year high of $55.40. The company has a market cap of $2.28 billion, a PE ratio of 26.47 and a beta of 0.97. The stock’s 50-day moving average price is $52.05 and its two-hundred day moving average price is $51.48.

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.