US Bancorp DE Makes New Investment in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE)

US Bancorp DE purchased a new stake in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,600 shares of the company’s stock, valued at approximately $64,000. US Bancorp DE owned about 0.25% of First Trust Alerian Disruptive Technology Real Estate ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DTRE. Allworth Financial LP bought a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 1st quarter valued at about $46,000. TAP Consulting LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 1st quarter valued at approximately $1,594,000. Kovack Advisors Inc. acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 1st quarter valued at approximately $242,000. Janney Montgomery Scott LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 1st quarter valued at approximately $258,000. Finally, Global Retirement Partners LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 1st quarter valued at approximately $98,000.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Performance

Shares of DTRE opened at $40.93 on Friday. The stock has a 50 day simple moving average of $40.72 and a 200 day simple moving average of $40.11. First Trust Alerian Disruptive Technology Real Estate ETF has a 52-week low of $34.94 and a 52-week high of $45.57. The firm has a market capitalization of $22.10 million, a PE ratio of 15.47 and a beta of 0.95.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

The First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate stocks that support wired and wireless communication, data infrastructure, warehouses, and fulfillment centers. Selection and weighting of securities are based on three-month average trading values.