iShares Core U.S. REIT ETF (NYSEARCA:USRT) Reaches New 1-Year High at $63.06

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $63.06 and last traded at $63.06, with a volume of 130 shares. The stock had previously closed at $62.53.

iShares Core U.S. REIT ETF Price Performance

The company has a market capitalization of $2.71 billion, a P/E ratio of 26.47 and a beta of 0.97. The firm has a fifty day moving average price of $58.95 and a 200-day moving average price of $54.69.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Several large investors have recently made changes to their positions in USRT. Trust Co of Tennessee purchased a new position in iShares Core U.S. REIT ETF in the second quarter valued at approximately $61,055,000. Prime Capital Investment Advisors LLC increased its holdings in iShares Core U.S. REIT ETF by 8,376.4% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 388,390 shares of the company’s stock worth $20,802,000 after acquiring an additional 383,808 shares during the last quarter. Legacy Financial Group LLC raised its stake in iShares Core U.S. REIT ETF by 2,019.9% in the 1st quarter. Legacy Financial Group LLC now owns 253,774 shares of the company’s stock valued at $13,653,000 after acquiring an additional 241,803 shares during the period. Schroder Investment Management Group lifted its holdings in iShares Core U.S. REIT ETF by 217.6% during the fourth quarter. Schroder Investment Management Group now owns 270,000 shares of the company’s stock valued at $14,658,000 after purchasing an additional 185,000 shares during the last quarter. Finally, Cannon Financial Strategists Inc. purchased a new position in shares of iShares Core U.S. REIT ETF in the second quarter worth about $9,422,000.

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.