Thrivent Financial for Lutherans Sells 48,284 Shares of iShares Core U.S. REIT ETF $USRT

Thrivent Financial for Lutherans decreased its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRTFree Report) by 10.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 418,898 shares of the company’s stock after selling 48,284 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Core U.S. REIT ETF were worth $24,024,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core U.S. REIT ETF by 9.1% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,748,498 shares of the company’s stock valued at $102,672,000 after purchasing an additional 145,652 shares during the period. Glenmede Investment Management LP lifted its position in iShares Core U.S. REIT ETF by 4.8% during the third quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock valued at $98,285,000 after purchasing an additional 76,496 shares during the period. Trust Co of Tennessee boosted its stake in shares of iShares Core U.S. REIT ETF by 2.1% in the 4th quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock worth $63,082,000 after buying an additional 23,120 shares during the last quarter. Heritage Financial Services LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 11.5% in the 4th quarter. Heritage Financial Services LLC now owns 867,698 shares of the company’s stock worth $49,424,000 after buying an additional 89,348 shares during the last quarter. Finally, Rakuten Investment Management Inc. purchased a new position in shares of iShares Core U.S. REIT ETF in the 3rd quarter worth $43,229,000.

iShares Core U.S. REIT ETF Price Performance

USRT stock opened at $63.65 on Monday. The company has a market cap of $3.72 billion, a P/E ratio of 35.32 and a beta of 0.99. iShares Core U.S. REIT ETF has a 1 year low of $55.13 and a 1 year high of $65.51. The stock’s fifty day moving average price is $62.10 and its 200-day moving average price is $59.96.

iShares Core U.S. REIT ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares Core U.S. REIT ETF (NYSEARCA:USRT)

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