iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Unusually-High Trading Volume – Time to Buy?

iShares Core U.S. REIT ETF (NYSEARCA:USRTGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 462,501 shares traded hands during mid-day trading, an increase of 55% from the previous session’s volume of 298,854 shares.The stock last traded at $56.98 and had previously closed at $57.40.

iShares Core U.S. REIT ETF Price Performance

The stock has a market capitalization of $3.09 billion, a PE ratio of 35.32 and a beta of 1.02. The firm’s 50 day simple moving average is $57.84 and its 200 day simple moving average is $57.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC purchased a new stake in iShares Core U.S. REIT ETF in the third quarter worth about $29,000. CX Institutional raised its position in shares of iShares Core U.S. REIT ETF by 81.0% in the 3rd quarter. CX Institutional now owns 608 shares of the company’s stock worth $36,000 after acquiring an additional 272 shares in the last quarter. Founders Financial Alliance LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 33.3% in the 3rd quarter. Founders Financial Alliance LLC now owns 740 shares of the company’s stock valued at $43,000 after purchasing an additional 185 shares during the period. Harbour Investments Inc. boosted its position in shares of iShares Core U.S. REIT ETF by 150.8% during the second quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock valued at $46,000 after purchasing an additional 493 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in iShares Core U.S. REIT ETF in the third quarter worth $97,000.

About iShares Core U.S. REIT ETF

(Get Free Report)

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.

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