Park Avenue Securities LLC Buys Shares of 8,349 iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Park Avenue Securities LLC purchased a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,349 shares of the company’s stock, valued at approximately $478,000.

Several other institutional investors have also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in iShares Core U.S. REIT ETF during the third quarter worth about $33,794,000. Cannon Financial Strategists Inc. acquired a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $9,422,000. School Employees Retirement Board of Ohio purchased a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth approximately $6,944,000. Executive Wealth Management LLC acquired a new stake in iShares Core U.S. REIT ETF in the 3rd quarter valued at approximately $5,773,000. Finally, SMI Advisory Services LLC raised its position in iShares Core U.S. REIT ETF by 227.0% in the third quarter. SMI Advisory Services LLC now owns 132,264 shares of the company’s stock valued at $7,970,000 after purchasing an additional 91,818 shares during the period.

iShares Core U.S. REIT ETF Stock Up 0.8 %

NYSEARCA:USRT opened at $57.89 on Friday. iShares Core U.S. REIT ETF has a 52 week low of $49.12 and a 52 week high of $63.22. The stock’s fifty day moving average is $58.77 and its two-hundred day moving average is $59.17. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97.

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.