Forvis Mazars Wealth Advisors LLC Cuts Stock Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Forvis Mazars Wealth Advisors LLC reduced its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 55.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,986 shares of the company’s stock after selling 23,350 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of USRT. Avior Wealth Management LLC increased its position in shares of iShares Core U.S. REIT ETF by 47.1% during the 4th quarter. Avior Wealth Management LLC now owns 2,300 shares of the company’s stock valued at $132,000 after purchasing an additional 736 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth approximately $478,000. Sumitomo Mitsui Trust Group Inc. grew its position in iShares Core U.S. REIT ETF by 91.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 28,644 shares of the company’s stock valued at $1,642,000 after acquiring an additional 13,683 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Core U.S. REIT ETF by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock worth $18,432,000 after acquiring an additional 3,059 shares in the last quarter. Finally, State Street Corp raised its stake in shares of iShares Core U.S. REIT ETF by 27.7% during the third quarter. State Street Corp now owns 41,900 shares of the company’s stock worth $2,580,000 after acquiring an additional 9,100 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of iShares Core U.S. REIT ETF stock opened at $58.75 on Monday. iShares Core U.S. REIT ETF has a 52-week low of $49.12 and a 52-week high of $63.22. The company has a fifty day moving average of $57.65 and a 200-day moving average of $59.54. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 33.02 and a beta of 1.09.

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.