Trust Co of Tennessee Raises Position in iShares Core U.S. REIT ETF $USRT

Trust Co of Tennessee grew its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,107,489 shares of the company’s stock after acquiring an additional 23,120 shares during the period. iShares Core U.S. REIT ETF accounts for approximately 12.5% of Trust Co of Tennessee’s portfolio, making the stock its 5th largest holding. Trust Co of Tennessee owned 1.95% of iShares Core U.S. REIT ETF worth $63,082,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core U.S. REIT ETF by 9.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,748,498 shares of the company’s stock worth $102,672,000 after purchasing an additional 145,652 shares in the last quarter. Glenmede Investment Management LP grew its holdings in iShares Core U.S. REIT ETF by 4.8% during the 3rd quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock valued at $98,285,000 after buying an additional 76,496 shares in the last quarter. Cerity Partners LLC increased its position in shares of iShares Core U.S. REIT ETF by 3.7% during the third quarter. Cerity Partners LLC now owns 870,659 shares of the company’s stock valued at $51,125,000 after buying an additional 31,328 shares during the period. Heritage Financial Services LLC increased its position in shares of iShares Core U.S. REIT ETF by 5.3% during the third quarter. Heritage Financial Services LLC now owns 778,350 shares of the company’s stock valued at $45,705,000 after buying an additional 39,470 shares during the period. Finally, Rakuten Investment Management Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth about $43,229,000.

iShares Core U.S. REIT ETF Trading Down 0.6%

USRT stock opened at $63.63 on Thursday. The firm has a 50 day moving average of $61.73 and a 200-day moving average of $59.54. iShares Core U.S. REIT ETF has a 12 month low of $54.88 and a 12 month high of $64.78. The firm has a market capitalization of $3.71 billion, a P/E ratio of 35.32 and a beta of 1.00.

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.