Pure Financial Advisors LLC Trims Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Pure Financial Advisors LLC lowered its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.8% during the first quarter, Holdings Channel reports. The fund owned 206,023 shares of the company’s stock after selling 10,457 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $11,867,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth $660,000. Truist Financial Corp increased its stake in iShares Core U.S. REIT ETF by 135.5% in the fourth quarter. Truist Financial Corp now owns 30,290 shares of the company’s stock valued at $1,736,000 after purchasing an additional 17,429 shares during the last quarter. IFP Advisors Inc purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter worth about $29,000. MKD Wealth Coaches LLC purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter worth about $232,000. Finally, US Bancorp DE boosted its stake in iShares Core U.S. REIT ETF by 3.3% in the 4th quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock worth $159,070,000 after buying an additional 87,662 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

USRT opened at $56.08 on Thursday. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $63.22. The business has a 50-day moving average of $56.53 and a two-hundred day moving average of $57.05. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 35.32 and a beta of 1.03.

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.