Ellis Investment Partners LLC Buys 1,166 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Ellis Investment Partners LLC lifted its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 10.7% during the 2nd quarter, Holdings Channel reports. The firm owned 12,058 shares of the company’s stock after acquiring an additional 1,166 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Core U.S. REIT ETF were worth $646,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $427,000. Truist Financial Corp boosted its holdings in iShares Core U.S. REIT ETF by 101.3% during the 4th quarter. Truist Financial Corp now owns 27,701 shares of the company’s stock valued at $1,504,000 after acquiring an additional 13,941 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth $176,000. Principal Securities Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF in the 4th quarter worth about $678,000. Finally, Smithfield Trust Co purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at about $28,000.

iShares Core U.S. REIT ETF Trading Down 0.3 %

USRT stock traded down $0.19 during trading on Friday, reaching $60.05. The stock had a trading volume of 228,939 shares, compared to its average volume of 228,545. The stock’s 50 day moving average is $57.21 and its two-hundred day moving average is $54.00. The firm has a market cap of $2.62 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 52 week low of $43.76 and a 52 week high of $61.03.

iShares Core U.S. REIT ETF 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.