SageView Advisory Group LLC Invests $454,000 in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

SageView Advisory Group LLC bought a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 4th quarter, Holdings Channel reports. The institutional investor bought 7,917 shares of the company’s stock, valued at approximately $454,000.

A number of other institutional investors have also recently modified their holdings of USRT. Fifth Third Bancorp purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at about $25,000. Tidemark LLC purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at $28,000. IFP Advisors Inc bought a new stake in shares of iShares Core U.S. REIT ETF in the 4th quarter worth $29,000. Beacon Capital Management LLC bought a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at $32,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at $42,000.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT opened at $53.97 on Tuesday. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 32.54 and a beta of 1.10. The business has a 50-day simple moving average of $57.18 and a two-hundred day simple moving average of $58.60. iShares Core U.S. REIT ETF has a fifty-two week low of $48.47 and a fifty-two week 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.