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

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw an uptick in trading volume on Wednesday . 83,332 shares changed hands during mid-day trading, a decline of 65% from the previous session’s volume of 236,616 shares.The stock last traded at $53.52 and had previously closed at $53.41.

iShares Core U.S. REIT ETF Stock Down 0.2 %

The company has a market capitalization of $2.32 billion, a PE ratio of 26.47 and a beta of 0.97. The firm has a 50-day moving average of $52.26 and a two-hundred day moving average of $52.59.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Fortitude Family Office LLC purchased a new position in iShares Core U.S. REIT ETF in the fourth quarter worth approximately $27,000. Smithfield Trust Co acquired a new position in iShares Core U.S. REIT ETF during the fourth quarter worth $28,000. Heritage Wealth Advisors acquired a new position in iShares Core U.S. REIT ETF during the fourth quarter worth $31,000. Blue Trust Inc. acquired a new position in iShares Core U.S. REIT ETF during the fourth quarter worth $35,000. Finally, Cape Investment Advisory Inc. lifted its stake 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 purchasing an additional 388 shares in the last quarter.

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.