iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Purchased by Mission Wealth Management LP

Mission Wealth Management LP raised its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 15.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 460,293 shares of the company’s stock after purchasing an additional 61,603 shares during the quarter. iShares Core U.S. REIT ETF comprises 0.8% of Mission Wealth Management LP’s portfolio, making the stock its 22nd largest position. Mission Wealth Management LP’s holdings in iShares Core U.S. REIT ETF were worth $24,989,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE raised its holdings in shares of iShares Core U.S. REIT ETF by 27.8% during the third quarter. US Bancorp DE now owns 1,799,848 shares of the company’s stock worth $84,917,000 after purchasing an additional 391,690 shares during the period. Choreo LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 9.5% during the fourth quarter. Choreo LLC now owns 593,359 shares of the company’s stock worth $32,213,000 after purchasing an additional 51,552 shares during the period. HighTower Advisors LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 25.7% during the third quarter. HighTower Advisors LLC now owns 492,862 shares of the company’s stock worth $23,253,000 after purchasing an additional 100,746 shares during the period. Heritage Financial Services LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 45.3% during the fourth quarter. Heritage Financial Services LLC now owns 442,680 shares of the company’s stock worth $24,033,000 after purchasing an additional 138,106 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth $23,209,000.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT stock traded down $0.86 during trading hours on Tuesday, reaching $50.04. The stock had a trading volume of 543,657 shares, compared to its average volume of 254,273. iShares Core U.S. REIT ETF has a twelve month low of $43.76 and a twelve month high of $55.40. The firm has a 50-day simple moving average of $52.31 and a 200-day simple moving average of $51.30. The firm has a market capitalization of $2.18 billion, a PE ratio of 26.47 and a beta of 0.97.

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.