Kohmann Bosshard Financial Services LLC Lowers Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Kohmann Bosshard Financial Services LLC lowered its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 34,355 shares of the company’s stock after selling 1,614 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,969,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in USRT. Kestra Investment Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter valued at $33,794,000. Apollon Wealth Management LLC grew its holdings in shares of iShares Core U.S. REIT ETF by 708.0% during the 4th quarter. Apollon Wealth Management LLC now owns 121,427 shares of the company’s stock valued at $6,959,000 after purchasing an additional 106,398 shares during the last quarter. Executive Wealth Management LLC bought a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter valued at $5,773,000. Captrust Financial Advisors grew its holdings in shares of iShares Core U.S. REIT ETF by 1,030.0% during the 3rd quarter. Captrust Financial Advisors now owns 98,895 shares of the company’s stock valued at $6,089,000 after purchasing an additional 90,143 shares during the last quarter. Finally, US Bancorp DE grew its holdings in shares of iShares Core U.S. REIT ETF by 3.3% during the 4th quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock valued at $159,070,000 after purchasing an additional 87,662 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

USRT stock opened at $59.93 on Friday. iShares Core U.S. REIT ETF has a 52 week low of $49.12 and a 52 week high of $63.22. The firm’s fifty day moving average is $57.83 and its 200 day moving average is $59.59. The firm has a market cap of $2.90 billion, a P/E ratio of 33.02 and a beta of 1.09.

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.