iShares Core U.S. REIT ETF $USRT is Biltmore Wealth Management LLC’s 8th Largest Position

Biltmore Wealth Management LLC boosted its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 1.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 198,789 shares of the company’s stock after buying an additional 3,451 shares during the quarter. iShares Core U.S. REIT ETF makes up 4.6% of Biltmore Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Biltmore Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $11,244,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. US Bancorp DE raised its position in iShares Core U.S. REIT ETF by 5.1% in the 1st quarter. US Bancorp DE now owns 2,916,203 shares of the company’s stock valued at $167,973,000 after buying an additional 140,593 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares Core U.S. REIT ETF by 16.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,533,330 shares of the company’s stock valued at $88,320,000 after buying an additional 213,501 shares during the last quarter. Johns Hopkins University purchased a new stake in iShares Core U.S. REIT ETF in the 1st quarter valued at $49,997,000. Apollon Wealth Management LLC raised its position in iShares Core U.S. REIT ETF by 376.5% in the 1st quarter. Apollon Wealth Management LLC now owns 578,548 shares of the company’s stock valued at $33,324,000 after buying an additional 457,121 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in iShares Core U.S. REIT ETF by 2.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 523,599 shares of the company’s stock valued at $30,007,000 after buying an additional 10,654 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Down 1.3%

NYSEARCA USRT opened at $58.24 on Wednesday. The firm has a market capitalization of $3.04 billion, a P/E ratio of 35.32 and a beta of 0.94. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $63.22. The business has a fifty day simple moving average of $57.33 and a 200 day simple moving average of $56.73.

iShares Core U.S. REIT ETF 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.