Focus Partners Advisor Solutions LLC Cuts Holdings in iShares Core U.S. REIT ETF $USRT

Focus Partners Advisor Solutions LLC reduced its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 45.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,863 shares of the company’s stock after selling 26,828 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of USRT. Sumitomo Life Insurance Co. boosted its stake in shares of iShares Core U.S. REIT ETF by 488.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 282,300 shares of the company’s stock worth $16,577,000 after buying an additional 234,300 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core U.S. REIT ETF by 9.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,748,498 shares of the company’s stock worth $102,672,000 after buying an additional 145,652 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter worth $5,734,000. HighTower Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 21.9% in the 3rd quarter. HighTower Advisors LLC now owns 523,132 shares of the company’s stock worth $30,719,000 after buying an additional 93,867 shares during the last quarter. Finally, 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.

iShares Core U.S. REIT ETF Price Performance

USRT stock opened at $66.14 on Thursday. The company has a market cap of $3.87 billion, a P/E ratio of 35.32 and a beta of 0.97. iShares Core U.S. REIT ETF has a 1 year low of $55.34 and a 1 year high of $66.73. The stock’s fifty day moving average price is $63.79 and its 200-day moving average price is $60.88.

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.