Thrivent Financial for Lutherans Grows Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Thrivent Financial for Lutherans boosted its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 32.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 650,759 shares of the company’s stock after purchasing an additional 158,072 shares during the quarter. Thrivent Financial for Lutherans owned about 1.49% of iShares Core U.S. REIT ETF worth $34,855,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in USRT. Fonville Wealth Management LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 6.5% in the 1st quarter. Fonville Wealth Management LLC now owns 4,711 shares of the company’s stock valued at $253,000 after purchasing an additional 287 shares during the last quarter. Range Financial Group LLC lifted its stake in iShares Core U.S. REIT ETF by 2.1% in the second quarter. Range Financial Group LLC now owns 14,836 shares of the company’s stock valued at $795,000 after buying an additional 309 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of iShares Core U.S. REIT ETF by 5.4% in the first quarter. Janney Montgomery Scott LLC now owns 6,869 shares of the company’s stock valued at $370,000 after acquiring an additional 350 shares during the period. Insight Advisors LLC PA grew its position in shares of iShares Core U.S. REIT ETF by 3.2% during the second quarter. Insight Advisors LLC PA now owns 11,519 shares of the company’s stock worth $617,000 after acquiring an additional 361 shares during the last quarter. Finally, Cape Investment Advisory Inc. increased its holdings in shares of iShares Core U.S. REIT ETF by 77.0% in the 4th quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after acquiring an additional 388 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of iShares Core U.S. REIT ETF stock opened at $62.53 on Tuesday. iShares Core U.S. REIT ETF has a 1 year low of $43.76 and a 1 year high of $62.94. The company’s fifty day moving average is $58.95 and its two-hundred day moving average is $54.69. The company has a market capitalization of $2.73 billion, a P/E ratio of 26.47 and a beta of 0.97.

iShares Core U.S. REIT ETF Company 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.