Independent Wealth Network Inc. Makes New $873,000 Investment in iShares Core U.S. REIT ETF $USRT

Independent Wealth Network Inc. bought a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,182 shares of the company’s stock, valued at approximately $873,000.

A number of other institutional investors have also modified their holdings of USRT. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth about $38,000. SHP Wealth Management purchased a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth approximately $46,000. First Horizon Corp acquired a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter worth approximately $65,000. Western Wealth Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter worth approximately $65,000. Finally, Compass Financial Management LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the 2nd quarter valued at approximately $78,000.

iShares Core U.S. REIT ETF Stock Down 1.1%

Shares of NYSEARCA:USRT traded down $0.71 during trading on Monday, hitting $61.53. 372,818 shares of the stock traded hands, compared to its average volume of 589,598. The company has a fifty day moving average price of $64.22 and a two-hundred day moving average price of $64.98. iShares Core U.S. REIT ETF has a 52-week low of $56.44 and a 52-week high of $70.09. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

iShares Core U.S. REIT ETF 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.