Pure Financial Advisors LLC Purchases 9,417 Shares of iShares Core U.S. REIT ETF $USRT

Pure Financial Advisors LLC lifted its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,340 shares of the company’s stock after purchasing an additional 9,417 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $13,975,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of USRT. Morgan Stanley raised its holdings in shares of iShares Core U.S. REIT ETF by 110.7% during the 4th quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock valued at $123,281,000 after buying an additional 1,136,903 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core U.S. REIT ETF by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,841,087 shares of the company’s stock worth $104,868,000 after buying an additional 92,589 shares in the last quarter. Glenmede Investment Management LP boosted its stake in iShares Core U.S. REIT ETF by 4.8% in the third quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock worth $98,285,000 after buying an additional 76,496 shares in the last quarter. Trust Co of Tennessee grew its position in iShares Core U.S. REIT ETF by 2.1% during the fourth quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock valued at $63,082,000 after acquiring an additional 23,120 shares during the last quarter. Finally, Heritage Financial Services LLC grew its position in iShares Core U.S. REIT ETF by 11.5% during the fourth quarter. Heritage Financial Services LLC now owns 867,698 shares of the company’s stock valued at $49,424,000 after acquiring an additional 89,348 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

USRT stock opened at $64.66 on Friday. The company has a market capitalization of $3.78 billion, a PE ratio of 35.32 and a beta of 0.97. iShares Core U.S. REIT ETF has a one year low of $55.34 and a one year high of $67.00. The company’s 50 day moving average price is $64.55 and its two-hundred day moving average price is $61.21.

iShares Core U.S. REIT ETF 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.