Merriman Wealth Management LLC Makes New $6.05 Million Investment in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Merriman Wealth Management LLC bought a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 112,890 shares of the company’s stock, valued at approximately $6,046,000. Merriman Wealth Management LLC owned approximately 0.26% of iShares Core U.S. REIT ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in iShares Core U.S. REIT ETF in the second quarter worth approximately $26,000. Atwood & Palmer Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF during the second quarter valued at approximately $27,000. Heritage Wealth Advisors purchased a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $31,000. Ridgewood Investments LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the second quarter valued at approximately $33,000. Finally, Cape Investment Advisory Inc. boosted its stake in shares of 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 valued at $48,000 after purchasing an additional 388 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA:USRT opened at $61.82 on Friday. The firm has a market cap of $2.70 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a fifty-two week low of $43.76 and a fifty-two week high of $62.94. The business has a 50 day moving average price of $58.82 and a 200-day moving average price of $54.61.

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.