Phillips Financial Management LLC Sells 3,546 Shares of iShares Core U.S. REIT ETF $USRT

Phillips Financial Management LLC cut its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.1% in the 2nd quarter, Holdings Channel reports. The firm owned 169,245 shares of the company’s stock after selling 3,546 shares during the period. Phillips Financial Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $9,572,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in USRT. Janney Montgomery Scott LLC increased its stake in shares of iShares Core U.S. REIT ETF by 4.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,738 shares of the company’s stock worth $446,000 after acquiring an additional 326 shares in the last quarter. CWM LLC increased its stake in shares of iShares Core U.S. REIT ETF by 160.8% in the 1st quarter. CWM LLC now owns 1,677 shares of the company’s stock worth $97,000 after acquiring an additional 1,034 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares Core U.S. REIT ETF by 9.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 19,629 shares of the company’s stock worth $1,131,000 after acquiring an additional 1,726 shares in the last quarter. Ridgewood Investments LLC increased its stake in shares of iShares Core U.S. REIT ETF by 63.6% in the 1st quarter. Ridgewood Investments LLC now owns 4,064 shares of the company’s stock worth $234,000 after acquiring an additional 1,580 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of iShares Core U.S. REIT ETF by 593.9% in the 1st quarter. IFP Advisors Inc now owns 3,539 shares of the company’s stock worth $204,000 after acquiring an additional 3,029 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of iShares Core U.S. REIT ETF stock opened at $59.02 on Wednesday. The company has a 50-day moving average of $58.04 and a 200 day moving average of $56.84. The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 35.32 and a beta of 0.94. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year 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.