Ellis Investment Partners LLC Purchases 794 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

by · The Cerbat Gem

Ellis Investment Partners LLC raised its position in iShares Core U.S. REIT ETF (NYSEARCA:USRTFree Report) by 6.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,852 shares of the company’s stock after acquiring an additional 794 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Core U.S. REIT ETF were worth $791,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Range Financial Group LLC boosted its position in shares of iShares Core U.S. REIT ETF by 2.1% in the 2nd quarter. Range Financial Group LLC now owns 14,836 shares of the company’s stock worth $795,000 after purchasing an additional 309 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of iShares Core U.S. REIT ETF by 5.4% during the first quarter. Janney Montgomery Scott LLC now owns 6,869 shares of the company’s stock worth $370,000 after acquiring an additional 350 shares during the last quarter. Insight Advisors LLC PA increased its holdings in shares of iShares Core U.S. REIT ETF by 3.2% during the second quarter. Insight Advisors LLC PA now owns 11,519 shares of the company’s stock valued at $617,000 after acquiring an additional 361 shares in the last quarter. Kohmann Bosshard Financial Services LLC raised its position in shares of iShares Core U.S. REIT ETF by 1.1% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 35,969 shares of the company’s stock valued at $2,215,000 after purchasing an additional 375 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. raised its position in shares of iShares Core U.S. REIT ETF by 15.1% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 3,019 shares of the company’s stock valued at $186,000 after purchasing an additional 395 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA:USRT traded down $0.55 during trading hours on Friday, hitting $60.78. 171,491 shares of the company were exchanged, compared to its average volume of 225,848. iShares Core U.S. REIT ETF has a 52-week low of $43.76 and a 52-week high of $62.94. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The company’s 50 day moving average price is $60.79 and its 200-day moving average price is $56.00.

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.

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