Phillips Financial Management LLC Sells 3,546 Shares of iShares Core U.S. REIT ETF $USRT

Phillips Financial Management LLC lessened its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,245 shares of the company’s stock after selling 3,546 shares during the period. Phillips Financial Management LLC owned approximately 0.32% of iShares Core U.S. REIT ETF worth $9,572,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. US Bancorp DE increased its holdings in iShares Core U.S. REIT ETF by 5.1% during the 1st quarter. US Bancorp DE now owns 2,916,203 shares of the company’s stock worth $167,973,000 after acquiring an additional 140,593 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Core U.S. REIT ETF by 16.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,533,330 shares of the company’s stock worth $88,320,000 after acquiring an additional 213,501 shares during the period. Trust Co of Tennessee increased its holdings in iShares Core U.S. REIT ETF by 0.5% during the 2nd quarter. Trust Co of Tennessee now owns 996,933 shares of the company’s stock worth $56,387,000 after acquiring an additional 4,613 shares during the period. Johns Hopkins University bought a new stake in iShares Core U.S. REIT ETF during the 1st quarter worth approximately $49,997,000. Finally, Heritage Financial Services LLC increased its holdings in iShares Core U.S. REIT ETF by 1.5% during the 2nd quarter. Heritage Financial Services LLC now owns 738,880 shares of the company’s stock worth $41,791,000 after acquiring an additional 10,948 shares during the period.

iShares Core U.S. REIT ETF Trading Down 0.4%

iShares Core U.S. REIT ETF stock opened at $59.02 on Wednesday. The firm’s 50 day simple moving average is $58.04 and its 200 day simple moving average is $56.84. The firm has a market capitalization of $3.20 billion, a PE ratio of 35.32 and a beta of 0.94. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $63.22.

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.