AXS Investments LLC Decreases Stake in iShares Core U.S. REIT ETF $USRT

AXS Investments LLC reduced its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 36.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 68,628 shares of the company’s stock after selling 38,787 shares during the period. iShares Core U.S. REIT ETF accounts for 1.9% of AXS Investments LLC’s investment portfolio, making the stock its 12th largest holding. AXS Investments LLC’s holdings in iShares Core U.S. REIT ETF were worth $3,909,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $660,000. Royal Bank of Canada grew its stake in shares of 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 buying an additional 11,175 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of iShares Core U.S. REIT ETF during the first quarter valued at approximately $220,000. Quantinno Capital Management LP grew its stake in shares of iShares Core U.S. REIT ETF by 3.4% during the second quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock valued at $432,000 after buying an additional 250 shares during the last quarter. Finally, Betterment LLC grew its stake in shares of iShares Core U.S. REIT ETF by 5.1% during the second quarter. Betterment LLC now owns 10,505 shares of the company’s stock valued at $594,000 after buying an additional 506 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

USRT opened at $64.78 on Friday. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 35.32 and a beta of 0.99. The stock’s 50 day moving average price is $62.84 and its 200-day moving average price is $60.47. iShares Core U.S. REIT ETF has a one year low of $55.34 and a one year high of $66.16.

iShares Core U.S. REIT ETF 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.