Bank of America Corp DE Has $46.88 Million Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Bank of America Corp DE boosted its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRTGet Rating) by 177.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 948,073 shares of the company’s stock after acquiring an additional 606,077 shares during the period. Bank of America Corp DE owned 2.50% of iShares Core U.S. REIT ETF worth $46,882,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of USRT. Foster & Motley Inc. bought a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter worth $215,000. IFP Advisors Inc increased its position in shares of iShares Core U.S. REIT ETF by 589.5% during the 3rd quarter. IFP Advisors Inc now owns 28,422 shares of the company’s stock valued at $1,502,000 after purchasing an additional 24,300 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of iShares Core U.S. REIT ETF by 154.0% during the 4th quarter. Belpointe Asset Management LLC now owns 5,324 shares of the company’s stock valued at $263,000 after purchasing an additional 3,228 shares during the last quarter. Independent Wealth Network Inc. increased its position in shares of iShares Core U.S. REIT ETF by 3.2% during the 4th quarter. Independent Wealth Network Inc. now owns 35,154 shares of the company’s stock valued at $1,738,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Coco Enterprises LLC raised its stake in iShares Core U.S. REIT ETF by 14.4% in the 3rd quarter. Coco Enterprises LLC now owns 46,386 shares of the company’s stock valued at $2,214,000 after acquiring an additional 5,839 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of iShares Core U.S. REIT ETF stock opened at $51.29 on Thursday. The stock has a market capitalization of $1.91 billion, a P/E ratio of 30.77 and a beta of 0.94. iShares Core U.S. REIT ETF has a 52-week low of $44.80 and a 52-week high of $60.33. The stock’s 50-day simple moving average is $49.83 and its 200 day simple moving average is $50.92.

About iShares Core U.S. REIT ETF

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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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Institutional Ownership by Quarter for iShares Core U.S. REIT ETF (NYSEARCA:USRT)

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