Janney Montgomery Scott LLC Grows Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Janney Montgomery Scott LLC raised its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 127.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,707 shares of the company’s stock after acquiring an additional 5,445 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Core U.S. REIT ETF were worth $499,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bartlett & Co. LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 1,703.7% during the 2nd quarter. Bartlett & Co. LLC now owns 487 shares of the company’s stock valued at $25,000 after buying an additional 460 shares in the last quarter. Money Concepts Capital Corp lifted its stake in shares of iShares Core U.S. REIT ETF by 69.9% during the 4th quarter. Money Concepts Capital Corp now owns 678 shares of the company’s stock valued at $34,000 after buying an additional 279 shares in the last quarter. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter valued at approximately $46,000. Hexagon Capital Partners LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 1,643.9% during the 2nd quarter. Hexagon Capital Partners LLC now owns 994 shares of the company’s stock valued at $51,000 after buying an additional 937 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of iShares Core U.S. REIT ETF by 117.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,166 shares of the company’s stock valued at $59,000 after buying an additional 630 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Down 1.8 %

Shares of USRT stock opened at $44.09 on Monday. The stock has a market capitalization of $1.79 billion, a P/E ratio of 30.77 and a beta of 0.94. The firm’s 50 day moving average is $48.46 and its 200 day moving average is $50.02. iShares Core U.S. REIT ETF has a 12 month low of $43.97 and a 12 month high of $56.75.

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.