Prospect Financial Group LLC Makes New Investment in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Prospect Financial Group LLC acquired a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 20,004 shares of the company’s stock, valued at approximately $1,146,000. iShares Core U.S. REIT ETF accounts for 1.4% of Prospect Financial Group LLC’s investment portfolio, making the stock its 22nd largest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. US Bancorp DE grew its holdings in iShares Core U.S. REIT ETF by 3.3% in the 4th quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock valued at $159,070,000 after buying an additional 87,662 shares during the period. Trust Co of Tennessee increased its position in iShares Core U.S. REIT ETF by 2.0% during the fourth quarter. Trust Co of Tennessee now owns 1,163,734 shares of the company’s stock worth $66,692,000 after purchasing an additional 22,723 shares during the last quarter. LPL Financial LLC raised its stake in iShares Core U.S. REIT ETF by 256.5% during the fourth quarter. LPL Financial LLC now owns 781,468 shares of the company’s stock worth $44,786,000 after purchasing an additional 562,265 shares during the period. Heritage Financial Services LLC raised its stake in iShares Core U.S. REIT ETF by 4.1% during the fourth quarter. Heritage Financial Services LLC now owns 764,424 shares of the company’s stock worth $43,809,000 after purchasing an additional 30,408 shares during the period. Finally, Choreo LLC boosted its holdings in shares of iShares Core U.S. REIT ETF by 1.6% in the 4th quarter. Choreo LLC now owns 575,058 shares of the company’s stock valued at $32,950,000 after purchasing an additional 9,145 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Up 1.8 %

Shares of NYSEARCA USRT opened at $57.60 on Tuesday. The stock has a market capitalization of $2.83 billion, a PE ratio of 32.68 and a beta of 1.10. The firm has a fifty day moving average of $58.20 and a 200-day moving average of $59.43. iShares Core U.S. REIT ETF has a 52-week low of $49.12 and a 52-week high of $63.22.

About iShares Core U.S. REIT ETF

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.