Miracle Mile Advisors LLC Invests $1.36 Million in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Miracle Mile Advisors LLC bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,307 shares of the company’s stock, valued at approximately $1,355,000. Miracle Mile Advisors LLC owned about 0.06% of iShares Core U.S. REIT ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. OLD Second National Bank of Aurora increased its position in shares of iShares Core U.S. REIT ETF by 15.6% in the fourth quarter. OLD Second National Bank of Aurora now owns 1,573 shares of the company’s stock worth $85,000 after acquiring an additional 212 shares in the last quarter. Millington Financial Advisors LLC increased its holdings in iShares Core U.S. REIT ETF by 2.0% in the 4th quarter. Millington Financial Advisors LLC now owns 14,060 shares of the company’s stock valued at $763,000 after purchasing an additional 278 shares in the last quarter. Fonville Wealth Management LLC raised its position in iShares Core U.S. REIT ETF by 6.5% in the first quarter. Fonville Wealth Management LLC now owns 4,711 shares of the company’s stock valued at $253,000 after purchasing an additional 287 shares during the period. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of iShares Core U.S. REIT ETF by 0.9% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 36,139 shares of the company’s stock worth $1,962,000 after purchasing an additional 310 shares in the last quarter. Finally, Landmark Wealth Management LLC boosted its position in shares of iShares Core U.S. REIT ETF by 5.3% in the first quarter. Landmark Wealth Management LLC now owns 7,013 shares of the company’s stock worth $377,000 after buying an additional 350 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT traded down $0.09 during mid-day trading on Friday, hitting $57.93. 140,144 shares of the company traded hands, compared to its average volume of 230,506. The firm’s 50 day simple moving average is $55.11 and its 200 day simple moving average is $53.20. iShares Core U.S. REIT ETF has a 52-week low of $43.76 and a 52-week high of $58.38. The firm has a market cap of $2.53 billion, a P/E ratio of 26.47 and a beta of 0.97.

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.