Compound Planning Inc. Cuts Position in iShares Core U.S. REIT ETF $USRT

Compound Planning Inc. lowered its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,106 shares of the company’s stock after selling 11,485 shares during the period. Compound Planning Inc. owned approximately 0.25% of iShares Core U.S. REIT ETF worth $8,037,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in USRT. Morgan Stanley grew its stake in iShares Core U.S. REIT ETF by 110.7% during the 4th quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock valued at $123,281,000 after purchasing an additional 1,136,903 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core U.S. REIT ETF by 5.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,841,087 shares of the company’s stock valued at $104,868,000 after buying an additional 92,589 shares during the last quarter. Glenmede Investment Management LP grew its position in shares of iShares Core U.S. REIT ETF by 4.8% during the third quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock worth $98,285,000 after buying an additional 76,496 shares in the last quarter. Trust Co of Tennessee grew its position in shares of iShares Core U.S. REIT ETF by 2.1% during the fourth quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock worth $63,082,000 after buying an additional 23,120 shares in the last quarter. Finally, Heritage Financial Services LLC increased its stake in shares of iShares Core U.S. REIT ETF by 11.5% in the fourth quarter. Heritage Financial Services LLC now owns 867,698 shares of the company’s stock worth $49,424,000 after buying an additional 89,348 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT stock opened at $64.66 on Friday. The firm has a fifty day moving average of $64.49 and a two-hundred day moving average of $61.19. The firm has a market cap of $3.78 billion, a P/E ratio of 35.32 and a beta of 0.97. iShares Core U.S. REIT ETF has a 1-year low of $55.34 and a 1-year high of $67.00.

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.