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

Sequoia Financial Advisors LLC lessened its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRTFree Report) by 72.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,479 shares of the company’s stock after selling 11,633 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. SageView Advisory Group LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth $246,000. Element Wealth LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 130.4% during the 4th quarter. Element Wealth LLC now owns 1,940 shares of the company’s stock valued at $105,000 after buying an additional 1,098 shares in the last quarter. Cape Investment Advisory Inc. lifted its stake in shares of iShares Core U.S. REIT ETF by 77.0% during the 4th quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after buying an additional 388 shares in the last quarter. Values Added Financial LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 10.0% during the 4th quarter. Values Added Financial LLC now owns 5,712 shares of the company’s stock valued at $310,000 after buying an additional 520 shares in the last quarter. Finally, One Day In July LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 30.0% during the 4th quarter. One Day In July LLC now owns 6,381 shares of the company’s stock valued at $346,000 after buying an additional 1,472 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

USRT opened at $53.58 on Wednesday. iShares Core U.S. REIT ETF has a fifty-two week low of $43.76 and a fifty-two week high of $55.40. The firm’s fifty day moving average is $52.44 and its 200 day moving average is $52.57. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97.

iShares Core U.S. REIT ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Core U.S. REIT ETF (NYSEARCA:USRT)

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