Independent Wealth Network Inc. boosted its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 2.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,408 shares of the company’s stock after purchasing an additional 969 shares during the quarter. iShares Core U.S. REIT ETF makes up approximately 1.0% of Independent Wealth Network Inc.’s holdings, making the stock its 22nd largest position. Independent Wealth Network Inc.’s holdings in iShares Core U.S. REIT ETF were worth $2,500,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $660,000. Raymond James Financial Inc. acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $9,910,000. Sequoia Financial Advisors LLC boosted its position in iShares Core U.S. REIT ETF by 23.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 4,890 shares of the company’s stock worth $280,000 after acquiring an additional 915 shares during the period. Parallel Advisors LLC boosted its position in iShares Core U.S. REIT ETF by 82.8% during the 4th quarter. Parallel Advisors LLC now owns 7,178 shares of the company’s stock worth $411,000 after acquiring an additional 3,251 shares during the period. Finally, TD Private Client Wealth LLC acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $75,000.
iShares Core U.S. REIT ETF Stock Down 0.1%
Shares of iShares Core U.S. REIT ETF stock opened at $56.83 on Friday. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 35.32 and a beta of 0.94. The business has a fifty day simple moving average of $56.87 and a 200-day simple moving average of $56.88. iShares Core U.S. REIT ETF has a fifty-two week low of $48.47 and a fifty-two 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.
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