HighTower Advisors LLC Purchases 93,867 Shares of iShares Core U.S. REIT ETF $USRT

HighTower Advisors LLC lifted its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 21.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 523,132 shares of the company’s stock after acquiring an additional 93,867 shares during the period. HighTower Advisors LLC owned approximately 0.96% of iShares Core U.S. REIT ETF worth $30,719,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in USRT. Root Financial Partners LLC purchased a new stake in iShares Core U.S. REIT ETF during the 3rd quarter valued at $29,000. CX Institutional boosted 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 last quarter. Harbour Investments Inc. increased its holdings 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 in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in iShares Core U.S. REIT ETF in the 3rd quarter worth about $97,000. Finally, Smartleaf Asset Management LLC lifted its stake in 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 valued at $108,000 after acquiring an additional 1,753 shares during the period.

iShares Core U.S. REIT ETF Stock Down 1.4%

Shares of USRT stock opened at $62.04 on Thursday. The company has a 50 day moving average price of $58.54 and a 200-day moving average price of $58.14. iShares Core U.S. REIT ETF has a 52 week low of $48.47 and a 52 week high of $62.98. The firm has a market capitalization of $3.53 billion, a PE ratio of 35.32 and a beta of 1.02.

iShares Core U.S. REIT ETF 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.