iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw strong trading volume on Wednesday. 1,423,745 shares changed hands during trading, an increase of 177% from the previous session’s volume of 514,646 shares. The stock last traded at $61.8730 and had previously closed at $62.19.

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

The firm’s 50 day moving average price is $65.98 and its 200-day moving average price is $64.81. The company has a market cap of $4.30 billion, a P/E ratio of 35.32 and a beta of 0.95.

Institutional Trading of iShares Core U.S. REIT ETF

Several institutional investors and hedge funds have recently made changes to their positions in USRT. Glenmede Trust Co. NA lifted its stake in shares of iShares Core U.S. REIT ETF by 12.6% in the 1st quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock valued at $116,324,000 after purchasing an additional 219,237 shares during the period. Fifth Third Bancorp boosted its stake 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 worth $46,026,000 after acquiring an additional 777,226 shares during the last quarter. Disciplina Capital Management LLC grew its holdings in iShares Core U.S. REIT ETF by 12.1% during the fourth quarter. Disciplina Capital Management LLC now owns 768,873 shares of the company’s stock valued at $43,795,000 after purchasing an additional 82,788 shares during the period. Corient Private Wealth LLC grew its holdings in iShares Core U.S. REIT ETF by 9.5% during the fourth quarter. Corient Private Wealth LLC now owns 637,498 shares of the company’s stock valued at $37,248,000 after purchasing an additional 55,121 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in iShares Core U.S. REIT ETF by 7.1% in the first quarter. Apollon Wealth Management LLC now owns 576,209 shares of the company’s stock valued at $34,106,000 after purchasing an additional 38,281 shares in the last quarter.

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.