iShares Core U.S. REIT ETF $USRT Shares Sold by Choreo LLC

Choreo LLC lowered its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 11.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 453,878 shares of the company’s stock after selling 56,619 shares during the quarter. Choreo LLC owned about 0.84% of iShares Core U.S. REIT ETF worth $26,652,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of USRT. Rakuten Investment Management Inc. purchased a new position in iShares Core U.S. REIT ETF in the 3rd quarter worth approximately $43,229,000. Cerity Partners LLC raised its stake in shares of iShares Core U.S. REIT ETF by 152.0% during the second quarter. Cerity Partners LLC now owns 839,331 shares of the company’s stock valued at $47,473,000 after purchasing an additional 506,314 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of iShares Core U.S. REIT ETF by 351.4% during the third quarter. Thrivent Financial for Lutherans now owns 467,182 shares of the company’s stock worth $27,433,000 after purchasing an additional 363,682 shares in the last quarter. Financial & Tax Architects LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the third quarter valued at $20,405,000. Finally, Sumitomo Life Insurance Co. grew its holdings in iShares Core U.S. REIT ETF by 488.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 282,300 shares of the company’s stock valued at $16,577,000 after purchasing an additional 234,300 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

USRT opened at $63.24 on Friday. The stock has a market capitalization of $3.60 billion, a PE ratio of 35.32 and a beta of 1.02. iShares Core U.S. REIT ETF has a 12-month low of $48.47 and a 12-month high of $63.32. The firm’s fifty day moving average price is $59.18 and its 200 day moving average price is $58.39.

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.