Legacy Financial Group LLC Reduces Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Legacy Financial Group LLC trimmed its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.7% during the fourth quarter, Holdings Channel reports. The fund owned 119,071 shares of the company’s stock after selling 3,342 shares during the quarter. iShares Core U.S. REIT ETF accounts for 0.0% of Legacy Financial Group LLC’s investment portfolio, making the stock its 24th largest holding. Legacy Financial Group LLC’s holdings in iShares Core U.S. REIT ETF were worth $6,824,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE boosted its stake in iShares Core U.S. REIT ETF by 1.5% in the third quarter. US Bancorp DE now owns 2,687,948 shares of the company’s stock valued at $165,497,000 after acquiring an additional 39,016 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core U.S. REIT ETF by 5.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock worth $58,554,000 after buying an additional 58,262 shares during the period. Heritage Financial Services LLC boosted its position in shares of iShares Core U.S. REIT ETF by 2.6% during the third quarter. Heritage Financial Services LLC now owns 734,016 shares of the company’s stock worth $45,193,000 after buying an additional 18,846 shares during the period. Kestra Investment Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF during the third quarter worth approximately $33,794,000. Finally, HighTower Advisors LLC lifted its position in iShares Core U.S. REIT ETF by 1.9% in the third quarter. HighTower Advisors LLC now owns 409,504 shares of the company’s stock worth $25,191,000 after purchasing an additional 7,832 shares during the period.

iShares Core U.S. REIT ETF Price Performance

USRT opened at $58.20 on Monday. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 1-year low of $49.12 and a 1-year high of $63.22. The business has a 50 day moving average price of $58.74 and a two-hundred day moving average price of $59.28.

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.