iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. reduced its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 10.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,175 shares of the company’s stock after selling 575 shares during the period. Foster & Motley Inc.’s holdings in iShares Core U.S. REIT ETF were worth $319,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $26,000. Atwood & Palmer Inc. acquired a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $27,000. Focused Wealth Management Inc acquired a new stake in shares of iShares Core U.S. REIT ETF in the third quarter valued at $30,000. Ridgewood Investments LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $33,000. Finally, Fairscale Capital LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $51,000.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA:USRT opened at $60.27 on Friday. The firm has a market capitalization of $2.63 billion, a PE ratio of 26.47 and a beta of 0.97. The business’s fifty day moving average price is $60.95 and its 200 day moving average price is $56.58. iShares Core U.S. REIT ETF has a 12 month low of $45.98 and a 12 month high of $62.94.

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.