Phillips Financial Management LLC Has $13.43 Million Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Phillips Financial Management LLC reduced its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.0% during the third quarter, HoldingsChannel reports. The firm owned 218,128 shares of the company’s stock after selling 6,668 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $13,430,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trust Co of Tennessee bought a new position in iShares Core U.S. REIT ETF in the 2nd quarter valued at approximately $61,055,000. Prime Capital Investment Advisors LLC increased its holdings in shares of iShares Core U.S. REIT ETF by 8,376.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 388,390 shares of the company’s stock worth $20,802,000 after buying an additional 383,808 shares in the last quarter. Cannon Financial Strategists Inc. bought a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at $9,422,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Core U.S. REIT ETF by 32.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after acquiring an additional 158,072 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in iShares Core U.S. REIT ETF by 75.0% during the 1st quarter. Osaic Holdings Inc. now owns 288,605 shares of the company’s stock worth $15,527,000 after acquiring an additional 123,646 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Up 0.3 %

iShares Core U.S. REIT ETF stock opened at $60.03 on Monday. The stock has a 50-day moving average price of $60.96 and a two-hundred day moving average price of $57.09. iShares Core U.S. REIT ETF has a 12 month low of $48.04 and a 12 month high of $62.94. The company has a market capitalization of $2.62 billion, a PE ratio of 26.47 and a beta of 0.97.

iShares Core U.S. REIT ETF Company 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.