Moody National Bank Trust Division Makes New $7.43 Million Investment in iShares Core U.S. REIT ETF $USRT

Moody National Bank Trust Division acquired a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 120,696 shares of the company’s stock, valued at approximately $7,432,000. iShares Core U.S. REIT ETF comprises 0.5% of Moody National Bank Trust Division’s investment portfolio, making the stock its 28th largest holding. Moody National Bank Trust Division owned 0.17% of iShares Core U.S. REIT ETF at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of USRT. Glenmede Trust Co. NA lifted its position in shares of iShares Core U.S. REIT ETF by 12.6% in the first quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock worth $116,324,000 after buying an additional 219,237 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of iShares Core U.S. REIT ETF by 213,523.6% during the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock valued at $46,026,000 after acquiring an additional 777,226 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of iShares Core U.S. REIT ETF by 9.5% during the 4th quarter. Corient Private Wealth LLC now owns 637,498 shares of the company’s stock valued at $37,248,000 after acquiring an additional 55,121 shares during the last quarter. Apollon Wealth Management LLC raised its stake in shares of iShares Core U.S. REIT ETF by 7.1% in the 1st quarter. Apollon Wealth Management LLC now owns 576,209 shares of the company’s stock valued at $34,106,000 after acquiring an additional 38,281 shares in the last quarter. Finally, SMI Advisory Services LLC bought a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at approximately $25,297,000.

iShares Core U.S. REIT ETF Price Performance

USRT traded up $0.50 on Tuesday, hitting $61.69. The company had a trading volume of 1,287,950 shares, compared to its average volume of 561,593. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. The company’s fifty day moving average price is $65.37 and its 200 day moving average price is $64.82. iShares Core U.S. REIT ETF has a 1-year low of $56.44 and a 1-year high of $70.09.

iShares Core U.S. REIT ETF Profile

(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.

Further Reading

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Institutional Ownership by Quarter for iShares Core U.S. REIT ETF (NYSEARCA:USRT)

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