Glenmede Investment Management LP Grows Stock Position in iShares Core U.S. REIT ETF $USRT

Glenmede Investment Management LP raised its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,673,789 shares of the company’s stock after purchasing an additional 76,496 shares during the period. Glenmede Investment Management LP owned 3.09% of iShares Core U.S. REIT ETF worth $98,285,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Management Inc. boosted its stake in shares of iShares Core U.S. REIT ETF by 16.1% in the 3rd quarter. Cornerstone Management Inc. now owns 147,076 shares of the company’s stock valued at $8,636,000 after purchasing an additional 20,449 shares in the last quarter. Biltmore Wealth Management LLC raised its position in iShares Core U.S. REIT ETF by 5.3% in the 3rd quarter. Biltmore Wealth Management LLC now owns 209,326 shares of the company’s stock worth $12,292,000 after purchasing an additional 10,537 shares during the period. Earned Wealth Advisors LLC lifted its stake in iShares Core U.S. REIT ETF by 20.0% in the third quarter. Earned Wealth Advisors LLC now owns 82,189 shares of the company’s stock worth $4,826,000 after purchasing an additional 13,682 shares during the last quarter. Cerity Partners LLC lifted its stake in iShares Core U.S. REIT ETF by 3.7% in the third quarter. Cerity Partners LLC now owns 870,659 shares of the company’s stock worth $51,125,000 after purchasing an additional 31,328 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in iShares Core U.S. REIT ETF by 21.9% during the third quarter. HighTower Advisors LLC now owns 523,132 shares of the company’s stock valued at $30,719,000 after buying an additional 93,867 shares during the period.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT stock opened at $60.97 on Friday. The business has a 50-day moving average of $60.33 and a 200 day moving average of $58.81. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $63.72. The stock has a market capitalization of $3.47 billion, a PE ratio of 35.32 and a beta of 1.02.

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.