Rialto Wealth Management LLC increased its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 10.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,521 shares of the company’s stock after purchasing an additional 9,623 shares during the period. iShares Core U.S. REIT ETF makes up approximately 1.3% of Rialto Wealth Management LLC’s portfolio, making the stock its 17th largest position. Rialto Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $5,612,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. purchased a new stake in iShares Core U.S. REIT ETF in the 3rd quarter valued at approximately $43,229,000. Cerity Partners LLC raised its stake in shares of iShares Core U.S. REIT ETF by 152.0% during the 2nd quarter. Cerity Partners LLC now owns 839,331 shares of the company’s stock worth $47,473,000 after buying an additional 506,314 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of iShares Core U.S. REIT ETF by 351.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 467,182 shares of the company’s stock worth $27,433,000 after buying an additional 363,682 shares in the last quarter. Financial & Tax Architects LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth approximately $20,405,000. Finally, Sumitomo Life Insurance Co. lifted its holdings in shares of iShares Core U.S. REIT ETF by 488.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 282,300 shares of the company’s stock valued at $16,577,000 after buying an additional 234,300 shares during the period.
iShares Core U.S. REIT ETF Price Performance
iShares Core U.S. REIT ETF stock opened at $58.95 on Tuesday. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $63.72. The company has a market cap of $3.35 billion, a PE ratio of 35.32 and a beta of 1.02. The stock’s 50 day moving average price is $60.65 and its 200 day moving average price is $58.91.
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.
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