HighTower Advisors LLC Acquires 93,867 Shares of iShares Core U.S. REIT ETF $USRT

HighTower Advisors LLC increased its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 21.9% during the third quarter, Holdings Channel reports. The firm owned 523,132 shares of the company’s stock after acquiring an additional 93,867 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $30,719,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in USRT. Brighton Jones LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $660,000. Royal Bank of Canada grew its stake in iShares Core U.S. REIT ETF by 12.9% during the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after acquiring an additional 11,175 shares in the last quarter. AQR Capital Management LLC bought a new stake in iShares Core U.S. REIT ETF in the 1st quarter valued at $220,000. Harbour Investments Inc. increased its holdings in 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 valued at $46,000 after acquiring an additional 493 shares during the last quarter. Finally, Cornerstone Management Inc. lifted its stake in iShares Core U.S. REIT ETF by 2.3% in the 2nd quarter. Cornerstone Management Inc. now owns 126,627 shares of the company’s stock worth $7,162,000 after purchasing an additional 2,873 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Down 1.4%

USRT opened at $62.04 on Thursday. The company has a market capitalization of $3.53 billion, a PE ratio of 35.32 and a beta of 1.02. The firm has a 50-day simple moving average of $58.54 and a two-hundred day simple moving average of $58.14. iShares Core U.S. REIT ETF has a 52 week low of $48.47 and a 52 week high of $62.98.

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.