Envestnet Portfolio Solutions Inc. Sells 1,202 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Envestnet Portfolio Solutions Inc. lowered its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,264 shares of the company’s stock after selling 1,202 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core U.S. REIT ETF were worth $588,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in USRT. Pathstone Holdings LLC grew its holdings in iShares Core U.S. REIT ETF by 88.4% in the third quarter. Pathstone Holdings LLC now owns 25,074 shares of the company’s stock worth $1,544,000 after purchasing an additional 11,762 shares during the period. Avior Wealth Management LLC boosted its position in shares of iShares Core U.S. REIT ETF by 57.0% in the 3rd quarter. Avior Wealth Management LLC now owns 1,564 shares of the company’s stock worth $96,000 after purchasing an additional 568 shares in the last quarter. Cerity Partners LLC grew its stake in shares of iShares Core U.S. REIT ETF by 28.9% in the 3rd quarter. Cerity Partners LLC now owns 255,874 shares of the company’s stock worth $15,754,000 after buying an additional 57,391 shares during the last quarter. Daiwa Securities Group Inc. increased its position in iShares Core U.S. REIT ETF by 56.0% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,569 shares of the company’s stock valued at $281,000 after buying an additional 1,641 shares in the last quarter. Finally, Prosperity Financial Group Inc. bought a new stake in iShares Core U.S. REIT ETF in the third quarter worth $287,000.

iShares Core U.S. REIT ETF Price Performance

Shares of iShares Core U.S. REIT ETF stock opened at $57.60 on Tuesday. The stock has a market cap of $2.83 billion, a price-to-earnings ratio of 32.68 and a beta of 1.10. iShares Core U.S. REIT ETF has a 1 year low of $49.12 and a 1 year high of $63.22. The firm’s 50-day moving average is $58.20 and its 200 day moving average is $59.43.

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.