IVC Wealth Advisors LLC Purchases 970 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

IVC Wealth Advisors LLC increased its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 26.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,696 shares of the company’s stock after buying an additional 970 shares during the quarter. IVC Wealth Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $269,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core U.S. REIT ETF by 5.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock valued at $58,554,000 after buying an additional 58,262 shares during the period. Truist Financial Corp boosted its holdings in iShares Core U.S. REIT ETF by 4.5% during the 2nd quarter. Truist Financial Corp now owns 12,786 shares of the company’s stock valued at $685,000 after acquiring an additional 552 shares during the period. Cetera Investment Advisers grew its position in iShares Core U.S. REIT ETF by 75.4% during the 2nd quarter. Cetera Investment Advisers now owns 96,858 shares of the company’s stock worth $5,188,000 after acquiring an additional 41,637 shares during the last quarter. PVG Asset Management Corp purchased a new position in iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $257,000. Finally, Sanctuary Advisors LLC purchased a new stake in iShares Core U.S. REIT ETF during the 2nd quarter valued at $1,513,000.

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

USRT stock opened at $57.89 on Friday. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The firm’s 50-day moving average price is $58.77 and its two-hundred day moving average price is $59.17. iShares Core U.S. REIT ETF has a 12-month low of $49.12 and a 12-month high of $63.22.

About iShares Core U.S. REIT ETF

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.