Pacific Life Fund Advisors LLC Cuts Holdings in iShares Core U.S. REIT ETF $USRT

Pacific Life Fund Advisors LLC trimmed its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 12.7% in the third quarter, HoldingsChannel reports. The firm owned 321,387 shares of the company’s stock after selling 46,712 shares during the quarter. iShares Core U.S. REIT ETF accounts for about 1.9% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 16th largest holding. Pacific Life Fund Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $18,872,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the company. Freedom Day Solutions LLC grew its holdings in shares of iShares Core U.S. REIT ETF by 5.1% in the third quarter. Freedom Day Solutions LLC now owns 158,796 shares of the company’s stock valued at $9,324,000 after acquiring an additional 7,702 shares in the last quarter. Comprehensive Money Management Services LLC lifted its holdings in iShares Core U.S. REIT ETF by 3.0% during the third quarter. Comprehensive Money Management Services LLC now owns 37,933 shares of the company’s stock worth $2,227,000 after acquiring an additional 1,093 shares during the period. Landmark Wealth Management LLC boosted its position in iShares Core U.S. REIT ETF by 3.6% in the third quarter. Landmark Wealth Management LLC now owns 7,021 shares of the company’s stock worth $412,000 after purchasing an additional 247 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in iShares Core U.S. REIT ETF in the 3rd quarter valued at $97,000. Finally, HB Wealth Management LLC grew its stake in iShares Core U.S. REIT ETF by 12.2% in the 3rd quarter. HB Wealth Management LLC now owns 9,632 shares of the company’s stock valued at $566,000 after purchasing an additional 1,050 shares during the period.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA USRT opened at $57.92 on Tuesday. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of 35.32 and a beta of 1.02. iShares Core U.S. REIT ETF has a one year low of $48.47 and a one year high of $60.63. The business’s fifty day moving average is $57.65 and its 200-day moving average is $57.63.

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.