iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 5.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 397,539 shares of the company’s stock after selling 22,295 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.79% of iShares Core U.S. REIT ETF worth $22,898,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in USRT. CX Institutional purchased a new position in shares of iShares Core U.S. REIT ETF during the first quarter worth $26,000. Opal Wealth Advisors LLC acquired a new stake in iShares Core U.S. REIT ETF in the first quarter valued at $28,000. Rothschild Investment LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the first quarter worth about $33,000. Copia Wealth Management acquired a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth about $71,000. Finally, TD Private Client Wealth LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter worth about $75,000.

iShares Core U.S. REIT ETF Price Performance

Shares of NYSEARCA:USRT opened at $56.45 on Wednesday. The business’s 50 day simple moving average is $56.85 and its 200-day simple moving average is $56.88. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 35.32 and a beta of 0.94. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $63.22.

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.