iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Volume Increase – Should You Buy?

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Get Free Report) saw strong trading volume on Friday . 256,225 shares were traded during trading, a decline of 47% from the previous session’s volume of 487,677 shares.The stock last traded at $67.34 and had previously closed at $67.19.

iShares Core U.S. REIT ETF Stock Performance

The company has a fifty day moving average of $67.24 and a two-hundred day moving average of $64.24. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 35.32 and a beta of 0.96.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Institutional investors have recently added to or reduced their stakes in the stock. Morgan Stanley boosted its position in iShares Core U.S. REIT ETF by 110.7% during the fourth quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock valued at $123,281,000 after acquiring an additional 1,136,903 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of iShares Core U.S. REIT ETF by 213,523.6% during the first quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock valued at $46,026,000 after buying an additional 777,226 shares during the last quarter. SMI Advisory Services LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the second quarter worth about $25,297,000. 93 Financial Group LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter worth approximately $20,812,000. Finally, Stadion Money Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the first quarter valued at about $17,417,000.

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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