iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Strong Trading Volume

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw unusually-high trading volume on Thursday . Approximately 1,218,648 shares changed hands during mid-day trading, an increase of 386% from the previous session’s volume of 250,583 shares.The stock last traded at $50.00 and had previously closed at $50.59.

iShares Core U.S. REIT ETF Price Performance

The company’s fifty day moving average price is $52.39 and its 200 day moving average price is $51.20. The company has a market cap of $2.20 billion, a PE ratio of 26.66 and a beta of 0.99.

Institutional Trading of iShares Core U.S. REIT ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fortitude Family Office LLC purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth about $27,000. Smithfield Trust Co purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth about $28,000. Heritage Wealth Advisors purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth about $31,000. Blue Trust Inc. purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth about $35,000. Finally, Cape Investment Advisory Inc. increased its holdings in iShares Core U.S. REIT ETF by 77.0% during the fourth quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock worth $48,000 after buying an additional 388 shares during the last quarter.

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.