National Bank of Canada FI Acquires Shares of 36,067 iShares Core U.S. REIT ETF (NYSEARCA:USRT)

National Bank of Canada FI bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 4th quarter, HoldingsChannel reports. The fund bought 36,067 shares of the company’s stock, valued at approximately $2,067,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE lifted its position in shares of iShares Core U.S. REIT ETF by 3.3% during the 4th quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock valued at $159,070,000 after acquiring an additional 87,662 shares during the period. Trust Co of Tennessee boosted its position in iShares Core U.S. REIT ETF by 2.0% during the fourth quarter. Trust Co of Tennessee now owns 1,163,734 shares of the company’s stock worth $66,692,000 after acquiring an additional 22,723 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Core U.S. REIT ETF by 256.5% in the fourth quarter. LPL Financial LLC now owns 781,468 shares of the company’s stock valued at $44,786,000 after purchasing an additional 562,265 shares during the period. Heritage Financial Services LLC increased its stake in shares of iShares Core U.S. REIT ETF by 4.1% during the 4th quarter. Heritage Financial Services LLC now owns 764,424 shares of the company’s stock valued at $43,809,000 after acquiring an additional 30,408 shares during the last quarter. Finally, Choreo LLC increased its position in iShares Core U.S. REIT ETF by 1.6% during the fourth quarter. Choreo LLC now owns 575,058 shares of the company’s stock worth $32,950,000 after purchasing an additional 9,145 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Down 2.2 %

Shares of USRT opened at $50.37 on Wednesday. The stock’s fifty day simple moving average is $57.65 and its 200 day simple moving average is $58.89. The firm has a market capitalization of $2.50 billion, a P/E ratio of 32.54 and a beta of 1.10. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve 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.