CX Institutional Invests $26,000 in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

CX Institutional purchased a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 451 shares of the company’s stock, valued at approximately $26,000.

A number of other hedge funds have also added to or reduced their stakes in USRT. Tidemark LLC acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $28,000. IFP Advisors Inc acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $29,000. Rothschild Investment LLC acquired a new position in iShares Core U.S. REIT ETF during the 1st quarter valued at about $33,000. Synergy Investment Management LLC acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $42,000. Finally, Copia Wealth Management acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $71,000.

iShares Core U.S. REIT ETF Stock Performance

USRT stock opened at $56.95 on Thursday. The company has a market capitalization of $2.94 billion, a P/E ratio of 32.46 and a beta of 1.03. iShares Core U.S. REIT ETF has a 52-week low of $48.47 and a 52-week high of $63.22. The business has a 50-day simple moving average of $56.18 and a two-hundred day simple moving average of $57.19.

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.