Pacific Life Fund Advisors LLC Has $13.23 Million Position in iShares Core U.S. REIT ETF $USRT

Pacific Life Fund Advisors LLC lowered its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 25.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 223,456 shares of the company’s stock after selling 74,575 shares during the quarter. iShares Core U.S. REIT ETF comprises 1.5% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 17th largest holding. Pacific Life Fund Advisors LLC owned approximately 0.38% of iShares Core U.S. REIT ETF worth $13,226,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at $660,000. Royal Bank of Canada grew its position in shares of iShares Core U.S. REIT ETF by 12.9% in the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after purchasing an additional 11,175 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of iShares Core U.S. REIT ETF in the first quarter worth about $220,000. Quantinno Capital Management LP increased its stake in shares of iShares Core U.S. REIT ETF by 3.4% in the second quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock worth $432,000 after purchasing an additional 250 shares during the period. Finally, Betterment LLC lifted its position in shares of iShares Core U.S. REIT ETF by 5.1% during the 2nd quarter. Betterment LLC now owns 10,505 shares of the company’s stock worth $594,000 after purchasing an additional 506 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of NYSEARCA:USRT opened at $66.75 on Monday. The business has a 50 day moving average price of $65.60 and a 200 day moving average price of $62.22. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 35.32 and a beta of 0.96. iShares Core U.S. REIT ETF has a twelve month low of $55.34 and a twelve month high of $68.21.

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.