iShares Core U.S. REIT ETF $USRT Shares Bought by Cornerstone Management Inc.

Cornerstone Management Inc. lifted its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 16.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,076 shares of the company’s stock after purchasing an additional 20,449 shares during the quarter. iShares Core U.S. REIT ETF comprises about 1.4% of Cornerstone Management Inc.’s investment portfolio, making the stock its 14th biggest position. Cornerstone Management Inc. owned about 0.27% of iShares Core U.S. REIT ETF worth $8,636,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Harbour Investments Inc. boosted its stake in iShares Core U.S. REIT ETF by 150.8% in the 2nd quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock worth $46,000 after buying an additional 493 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 1,075.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,916 shares of the company’s stock worth $108,000 after acquiring an additional 1,753 shares during the period. Bangor Savings Bank boosted its position in shares of iShares Core U.S. REIT ETF by 50.0% in the second quarter. Bangor Savings Bank now owns 2,220 shares of the company’s stock worth $126,000 after acquiring an additional 740 shares during the last quarter. AlphaCore Capital LLC boosted its position in shares of iShares Core U.S. REIT ETF by 6,715.0% in the second quarter. AlphaCore Capital LLC now owns 2,726 shares of the company’s stock worth $154,000 after acquiring an additional 2,686 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new stake in iShares Core U.S. REIT ETF in the first quarter valued at approximately $220,000.

iShares Core U.S. REIT ETF Stock Down 0.3%

NYSEARCA:USRT opened at $56.61 on Friday. The company has a market cap of $3.07 billion, a P/E ratio of 35.32 and a beta of 1.02. The firm’s 50 day moving average is $58.01 and its two-hundred day moving average is $57.61. iShares Core U.S. REIT ETF has a fifty-two week low of $48.47 and a fifty-two week high of $60.63.

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.