Sequoia Financial Advisors LLC Grows Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Sequoia Financial Advisors LLC increased its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 23.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,890 shares of the company’s stock after acquiring an additional 915 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USRT. Daiwa Securities Group Inc. increased its holdings in shares of iShares Core U.S. REIT ETF by 43.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 6,561 shares of the company’s stock valued at $376,000 after acquiring an additional 1,992 shares in the last quarter. Naviter Wealth LLC increased its holdings in iShares Core U.S. REIT ETF by 208.6% in the 4th quarter. Naviter Wealth LLC now owns 31,896 shares of the company’s stock worth $1,828,000 after buying an additional 21,559 shares in the last quarter. Rialto Wealth Management LLC bought a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth about $3,441,000. Raymond James Financial Inc. bought a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth about $9,910,000. Finally, Synergy Investment Management LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at about $42,000.

iShares Core U.S. REIT ETF Stock Up 0.1 %

iShares Core U.S. REIT ETF stock opened at $57.45 on Thursday. iShares Core U.S. REIT ETF has a 52-week low of $49.12 and a 52-week high of $63.22. The company has a market cap of $2.82 billion, a P/E ratio of 32.68 and a beta of 1.10. The business has a 50-day simple moving average of $58.12 and a two-hundred day simple moving average of $59.50.

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.