iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Volume Increase – Here’s What Happened

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw an uptick in trading volume on Monday . 334,211 shares changed hands during mid-day trading, an increase of 45% from the previous session’s volume of 230,717 shares.The stock last traded at $60.39 and had previously closed at $59.94.

iShares Core U.S. REIT ETF Stock Down 4.0 %

The stock has a market capitalization of $2.47 billion, a P/E ratio of 26.47 and a beta of 0.97. The business’s 50 day simple moving average is $60.70 and its two-hundred day simple moving average is $58.47.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Focused Wealth Management Inc bought a new position in iShares Core U.S. REIT ETF during the 3rd quarter valued at $30,000. Ridgewood Investments LLC bought a new position in shares of iShares Core U.S. REIT ETF during the second quarter valued at about $33,000. Sanctuary Wealth Management L.L.C. purchased a new position in iShares Core U.S. REIT ETF during the third quarter worth about $50,000. Fairscale Capital LLC purchased a new position in iShares Core U.S. REIT ETF during the second quarter worth about $51,000. Finally, Private Trust Co. NA increased its stake in iShares Core U.S. REIT ETF by 496.0% in the 3rd quarter. Private Trust Co. NA now owns 1,049 shares of the company’s stock valued at $65,000 after buying an additional 873 shares during the last quarter.

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.