Nwam LLC Reduces Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Nwam LLC trimmed its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 12.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,721 shares of the company’s stock after selling 1,880 shares during the quarter. Nwam LLC’s holdings in iShares Core U.S. REIT ETF were worth $786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter worth about $25,000. IFP Advisors Inc purchased a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter worth about $29,000. Focused Wealth Management Inc purchased a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth about $30,000. Beacon Capital Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter worth about $32,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in iShares Core U.S. REIT ETF in the third quarter valued at approximately $50,000.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT opened at $59.93 on Friday. The firm’s 50 day simple moving average is $57.77 and its 200 day simple moving average is $59.56. The company has a market capitalization of $2.90 billion, a P/E ratio of 33.02 and a beta of 1.09. iShares Core U.S. REIT ETF has a 1-year low of $49.12 and a 1-year high of $63.22.

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.