Cornerstone Management Inc. Boosts Holdings in iShares Core U.S. REIT ETF $USRT

Cornerstone Management Inc. boosted its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,627 shares of the company’s stock after acquiring an additional 2,873 shares during the period. iShares Core U.S. REIT ETF accounts for 1.2% of Cornerstone Management Inc.’s holdings, making the stock its 13th biggest position. Cornerstone Management Inc. owned 0.24% of iShares Core U.S. REIT ETF worth $7,162,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of USRT. Harbour Investments Inc. lifted its position in 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 acquiring an additional 493 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of iShares Core U.S. REIT ETF in the first quarter worth $60,000. Tidemark LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 218.5% in the first quarter. Tidemark LLC now owns 1,567 shares of the company’s stock worth $90,000 after buying an additional 1,075 shares during the last quarter. CWM LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 160.8% in the first quarter. CWM LLC now owns 1,677 shares of the company’s stock worth $97,000 after buying an additional 1,034 shares during the last quarter. Finally, Bangor Savings Bank raised its holdings in shares of iShares Core U.S. REIT ETF by 50.0% in the second quarter. Bangor Savings Bank now owns 2,220 shares of the company’s stock worth $126,000 after buying an additional 740 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Down 0.2%

NYSEARCA USRT opened at $59.23 on Friday. The company has a fifty day simple moving average of $58.15 and a two-hundred day simple moving average of $56.91. The stock has a market cap of $3.21 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.

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.