iShares Core U.S. REIT ETF (NYSEARCA:USRT) Stock Holdings Lessened by Comerica Bank

Comerica Bank cut its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 13.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 12,701 shares of the company’s stock after selling 2,042 shares during the period. Comerica Bank’s holdings in iShares Core U.S. REIT ETF were worth $683,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. International Assets Investment Management LLC bought a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $427,000. Sequoia Financial Advisors LLC bought a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $875,000. Private Client Services LLC acquired a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth $694,000. Tyche Wealth Partners LLC bought a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at $647,000. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of iShares Core U.S. REIT ETF by 46.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 9,882 shares of the company’s stock valued at $536,000 after acquiring an additional 3,145 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock opened at $57.22 on Tuesday. iShares Core U.S. REIT ETF has a one year low of $43.76 and a one year high of $58.01. The company has a 50-day simple moving average of $54.69 and a 200-day simple moving average of $53.06. The firm has a market capitalization of $2.49 billion, a P/E ratio of 26.47 and a beta of 0.97.

About iShares Core U.S. REIT ETF

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.