ERn Financial LLC Cuts Stock Holdings in iShares Core U.S. REIT ETF $USRT

ERn Financial LLC lowered its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 20.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 126,521 shares of the company’s stock after selling 31,999 shares during the period. iShares Core U.S. REIT ETF comprises 1.5% of ERn Financial LLC’s holdings, making the stock its 23rd largest position. ERn Financial LLC’s holdings in iShares Core U.S. REIT ETF were worth $7,429,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Root Financial Partners LLC purchased a new stake in iShares Core U.S. REIT ETF in the third quarter worth $29,000. CX Institutional boosted its stake in iShares Core U.S. REIT ETF by 81.0% during the third quarter. CX Institutional now owns 608 shares of the company’s stock worth $36,000 after acquiring an additional 272 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of iShares Core U.S. REIT ETF by 150.8% in the 2nd quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock worth $46,000 after buying an additional 493 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth $97,000. Finally, Smartleaf Asset Management LLC grew its position in iShares Core U.S. REIT ETF by 1,075.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,916 shares of the company’s stock valued at $108,000 after purchasing an additional 1,753 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Down 1.2%

Shares of USRT opened at $58.18 on Friday. The firm has a 50 day moving average of $57.77 and a 200 day moving average of $57.73. iShares Core U.S. REIT ETF has a twelve month low of $48.47 and a twelve month high of $60.63. The company has a market capitalization of $3.30 billion, a P/E ratio of 35.32 and a beta of 1.02.

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.