Royal Bank of Canada Increases Holdings in iShares Core U.S. REIT ETF $USRT

Royal Bank of Canada increased its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 77.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,734 shares of the company’s stock after acquiring an additional 79,265 shares during the period. Royal Bank of Canada’s holdings in iShares Core U.S. REIT ETF were worth $10,758,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of USRT. Morgan Stanley increased its position in shares of iShares Core U.S. REIT ETF by 110.7% in the fourth quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock valued at $123,281,000 after buying an additional 1,136,903 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core U.S. REIT ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,841,087 shares of the company’s stock worth $104,868,000 after buying an additional 92,589 shares in the last quarter. Trust Co of Tennessee grew its stake in 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 valued at $63,082,000 after acquiring an additional 23,120 shares during the last quarter. Heritage Financial Services LLC grew its stake in 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 valued at $49,424,000 after acquiring an additional 89,348 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in iShares Core U.S. REIT ETF by 213,523.6% during the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock valued at $46,026,000 after acquiring an additional 777,226 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Up 0.5%

Shares of USRT opened at $67.38 on Friday. The stock has a market cap of $4.63 billion, a P/E ratio of 35.32 and a beta of 0.96. The company has a 50-day moving average of $66.91 and a two-hundred day moving average of $63.68. iShares Core U.S. REIT ETF has a 12-month low of $55.44 and a 12-month high of $70.09.

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.