iShares Core U.S. REIT ETF (NYSEARCA:USRT) Hits New 12-Month Low – Should You Sell?

iShares Core U.S. REIT ETF (NYSEARCA:USRT) shares reached a new 52-week low on Wednesday . The stock traded as low as $48.68 and last traded at $48.68, with a volume of 17781 shares traded. The stock had previously closed at $50.37.

iShares Core U.S. REIT ETF Trading Down 2.5 %

The company’s 50 day moving average price is $57.37 and its two-hundred day moving average price is $58.73. The firm has a market cap of $2.60 billion, a PE ratio of 32.54 and a beta of 1.10.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp bought a new position in shares of iShares Core U.S. REIT ETF in the fourth quarter worth about $25,000. Tidemark LLC purchased a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth approximately $28,000. IFP Advisors Inc bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth approximately $29,000. Beacon Capital Management LLC purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $32,000. Finally, Rothschild Investment LLC bought a new position in shares of iShares Core U.S. REIT ETF in the first quarter worth approximately $33,000.

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.