iShares Core U.S. REIT ETF $USRT Position Raised by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC boosted its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 11.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 368,099 shares of the company’s stock after purchasing an additional 38,980 shares during the period. iShares Core U.S. REIT ETF makes up about 2.2% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 15th largest holding. Pacific Life Fund Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $20,820,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE raised its stake in shares of iShares Core U.S. REIT ETF by 5.1% in the 1st quarter. US Bancorp DE now owns 2,916,203 shares of the company’s stock worth $167,973,000 after buying an additional 140,593 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core U.S. REIT ETF by 16.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,533,330 shares of the company’s stock worth $88,320,000 after acquiring an additional 213,501 shares during the period. Trust Co of Tennessee raised its position in iShares Core U.S. REIT ETF by 0.5% in the second quarter. Trust Co of Tennessee now owns 996,933 shares of the company’s stock worth $56,387,000 after acquiring an additional 4,613 shares in the last quarter. Johns Hopkins University acquired a new stake in iShares Core U.S. REIT ETF in the 1st quarter valued at about $49,997,000. Finally, Heritage Financial Services LLC lifted its holdings in iShares Core U.S. REIT ETF by 1.5% in the 2nd quarter. Heritage Financial Services LLC now owns 738,880 shares of the company’s stock valued at $41,791,000 after acquiring an additional 10,948 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT opened at $57.75 on Friday. The firm’s 50 day moving average is $58.31 and its 200-day moving average is $57.39. iShares Core U.S. REIT ETF has a 12-month low of $48.47 and a 12-month high of $63.22. The stock has a market capitalization of $3.13 billion, a P/E ratio of 35.32 and a beta of 1.02.

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.