Thrivent Financial for Lutherans Sells 34,523 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Thrivent Financial for Lutherans trimmed its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 5.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 616,236 shares of the company’s stock after selling 34,523 shares during the quarter. Thrivent Financial for Lutherans owned approximately 1.41% of iShares Core U.S. REIT ETF worth $37,942,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Opal Wealth Advisors LLC purchased a new stake in iShares Core U.S. REIT ETF in the second quarter worth $26,000. Atwood & Palmer Inc. purchased a new position in shares of iShares Core U.S. REIT ETF during the second quarter valued at $27,000. Focused Wealth Management Inc purchased a new position in shares of iShares Core U.S. REIT ETF during the third quarter valued at $30,000. Ridgewood Investments LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the second quarter valued at $33,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new position in shares of iShares Core U.S. REIT ETF during the third quarter valued at $50,000.

iShares Core U.S. REIT ETF Trading Up 0.6 %

Shares of iShares Core U.S. REIT ETF stock opened at $60.39 on Tuesday. The firm has a market cap of $2.63 billion, a P/E ratio of 26.47 and a beta of 0.97. The stock’s fifty day moving average price is $60.95 and its 200-day moving average price is $57.16. iShares Core U.S. REIT ETF has a 12 month low of $48.04 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.