Ameriprise Financial Inc. Boosts Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Ameriprise Financial Inc. boosted its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 6.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,619 shares of the company’s stock after buying an additional 9,010 shares during the period. Ameriprise Financial Inc. owned approximately 0.35% of iShares Core U.S. REIT ETF worth $8,747,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of USRT. Park Avenue Securities LLC purchased a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at $478,000. Tallon Kerry Patrick purchased a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at $1,776,000. Pure Financial Advisors LLC grew its position in iShares Core U.S. REIT ETF by 7.4% in the 4th quarter. Pure Financial Advisors LLC now owns 216,480 shares of the company’s stock valued at $12,406,000 after buying an additional 14,961 shares during the last quarter. Charles Schwab Trust Co grew its position in iShares Core U.S. REIT ETF by 2.6% in the 4th quarter. Charles Schwab Trust Co now owns 400,826 shares of the company’s stock valued at $22,971,000 after buying an additional 10,092 shares during the last quarter. Finally, Prosperity Planning Inc. grew its position in iShares Core U.S. REIT ETF by 1.1% in the 4th quarter. Prosperity Planning Inc. now owns 66,475 shares of the company’s stock valued at $3,810,000 after buying an additional 707 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA:USRT opened at $57.35 on Wednesday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 32.46 and a beta of 1.03. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $63.22. The firm’s fifty day moving average price is $55.72 and its 200 day moving average price is $57.77.

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.