PNC Financial Services Group Inc. Has $187,000 Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

PNC Financial Services Group Inc. lessened its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 98.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,446 shares of the company’s stock after selling 318,408 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Core U.S. REIT ETF were worth $187,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Fortitude Family Office LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the fourth quarter valued at approximately $27,000. Smithfield Trust Co acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $28,000. Heritage Wealth Advisors bought a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at $31,000. Blue Trust Inc. acquired a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter worth $35,000. Finally, Headinvest LLC bought a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth $46,000.

iShares Core U.S. REIT ETF Stock Up 0.6 %

Shares of NYSEARCA:USRT opened at $53.41 on Wednesday. The firm has a market cap of $2.33 billion, a P/E ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 12-month low of $43.76 and a 12-month high of $55.40. The business has a fifty day simple moving average of $52.14 and a 200 day simple moving average of $52.58.

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.