Brighton Jones LLC Makes New $660,000 Investment in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Brighton Jones LLC purchased a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,518 shares of the company’s stock, valued at approximately $660,000.

Several other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in iShares Core U.S. REIT ETF by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock worth $18,432,000 after acquiring an additional 3,059 shares during the period. State Street Corp lifted its holdings in iShares Core U.S. REIT ETF by 27.7% in the third quarter. State Street Corp now owns 41,900 shares of the company’s stock worth $2,580,000 after purchasing an additional 9,100 shares during the period. Park Avenue Securities LLC acquired a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth about $478,000. Biltmore Wealth Management LLC grew its position in iShares Core U.S. REIT ETF by 24.7% in the 3rd quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock valued at $11,918,000 after buying an additional 38,296 shares in the last quarter. Finally, FMR LLC increased its stake in iShares Core U.S. REIT ETF by 250.3% during the 3rd quarter. FMR LLC now owns 5,549 shares of the company’s stock valued at $342,000 after buying an additional 3,965 shares during the period.

iShares Core U.S. REIT ETF Trading Up 0.5 %

Shares of NYSEARCA:USRT opened at $58.20 on Friday. The company has a 50 day moving average of $58.74 and a 200-day moving average of $59.24. The firm has a market cap of $2.54 billion, a P/E ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22.

iShares Core U.S. REIT ETF Company 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.