Envestnet Asset Management Inc. Trims Stock Holdings in iShares Core U.S. REIT ETF $USRT

Envestnet Asset Management Inc. lowered its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 441,541 shares of the company’s stock after selling 17,714 shares during the period. Envestnet Asset Management Inc. owned 0.81% of iShares Core U.S. REIT ETF worth $25,927,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Root Financial Partners LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter valued at $29,000. CX Institutional increased its position in shares of iShares Core U.S. REIT ETF by 81.0% during the third quarter. CX Institutional now owns 608 shares of the company’s stock valued at $36,000 after buying an additional 272 shares during the period. Harbour Investments Inc. lifted its holdings in shares of iShares Core U.S. REIT ETF by 150.8% in the second quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock worth $46,000 after buying an additional 493 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in shares of iShares Core U.S. REIT ETF in the third quarter valued at approximately $97,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of iShares Core U.S. REIT ETF by 1,075.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,916 shares of the company’s stock valued at $108,000 after acquiring an additional 1,753 shares during the period.

iShares Core U.S. REIT ETF Trading Up 0.1%

iShares Core U.S. REIT ETF stock opened at $61.53 on Friday. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $62.83. The firm has a market capitalization of $3.50 billion, a PE ratio of 35.32 and a beta of 1.02. The firm’s 50 day simple moving average is $58.14 and its 200 day simple moving average is $57.97.

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.