iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Volume Increase – Here’s Why

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRTGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 346,864 shares traded hands during trading, an increase of 44% from the previous session’s volume of 241,625 shares.The stock last traded at $57.19 and had previously closed at $57.31.

iShares Core U.S. REIT ETF Trading Down 0.2 %

The company has a market cap of $2.49 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The firm has a 50-day moving average price of $59.93 and a 200 day moving average price of $58.79.

Institutional Trading of iShares Core U.S. REIT ETF

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core U.S. REIT ETF by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock valued at $18,432,000 after buying an additional 3,059 shares during the period. Wilmington Savings Fund Society FSB bought a new position in iShares Core U.S. REIT ETF in the third quarter worth about $265,000. Sanctuary Advisors LLC boosted its stake in iShares Core U.S. REIT ETF by 18.0% in the third quarter. Sanctuary Advisors LLC now owns 35,477 shares of the company’s stock valued at $2,176,000 after acquiring an additional 5,424 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of iShares Core U.S. REIT ETF by 261.0% during the third quarter. Sunbelt Securities Inc. now owns 13,808 shares of the company’s stock valued at $850,000 after purchasing an additional 9,983 shares during the last quarter. Finally, Executive Wealth Management LLC acquired a new stake in iShares Core U.S. REIT ETF in the third quarter worth $5,773,000.

iShares Core U.S. REIT ETF Company Profile

(Get Free Report)

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.

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