Halbert Hargrove Global Advisors LLC Sells 3,151 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Halbert Hargrove Global Advisors LLC trimmed its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 13.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,273 shares of the company’s stock after selling 3,151 shares during the quarter. Halbert Hargrove Global Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,162,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USRT. Fifth Third Bancorp bought a new position in iShares Core U.S. REIT ETF in the 4th quarter worth about $25,000. Focused Wealth Management Inc bought a new position in iShares Core U.S. REIT ETF in the 3rd quarter worth about $30,000. IFP Advisors Inc bought a new position in iShares Core U.S. REIT ETF in the 4th quarter worth about $29,000. Beacon Capital Management LLC bought a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at $32,000. Finally, Sanctuary Wealth Management L.L.C. bought a new stake in iShares Core U.S. REIT ETF during the third quarter valued at $50,000.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA:USRT opened at $59.93 on Friday. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 33.02 and a beta of 1.09. iShares Core U.S. REIT ETF has a 52-week low of $49.12 and a 52-week high of $63.22. The stock has a fifty day moving average of $57.83 and a 200 day moving average of $59.59.

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.