Cannon Financial Strategists Inc. Acquires 2,073 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Cannon Financial Strategists Inc. increased its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 180,189 shares of the company’s stock after purchasing an additional 2,073 shares during the period. iShares Core U.S. REIT ETF accounts for 1.8% of Cannon Financial Strategists Inc.’s holdings, making the stock its 14th biggest holding. Cannon Financial Strategists Inc.’s holdings in iShares Core U.S. REIT ETF were worth $10,327,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Destiny Capital Corp CO boosted its stake in iShares Core U.S. REIT ETF by 7.9% in the fourth quarter. Destiny Capital Corp CO now owns 11,285 shares of the company’s stock valued at $647,000 after acquiring an additional 825 shares in the last quarter. Truist Financial Corp boosted its stake in iShares Core U.S. REIT ETF by 135.5% in the fourth quarter. Truist Financial Corp now owns 30,290 shares of the company’s stock valued at $1,736,000 after acquiring an additional 17,429 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in iShares Core U.S. REIT ETF by 6.9% in the fourth quarter. Sanctuary Advisors LLC now owns 37,919 shares of the company’s stock valued at $2,200,000 after acquiring an additional 2,442 shares in the last quarter. Topel & Distasi Wealth Management LLC boosted its stake in iShares Core U.S. REIT ETF by 0.8% in the fourth quarter. Topel & Distasi Wealth Management LLC now owns 81,373 shares of the company’s stock valued at $4,663,000 after acquiring an additional 651 shares in the last quarter. Finally, Beacon Capital Management LLC acquired a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at approximately $32,000.

iShares Core U.S. REIT ETF Stock Up 0.4 %

Shares of USRT opened at $58.92 on Wednesday. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22. The company has a 50 day moving average of $57.71 and a two-hundred day moving average of $59.49.

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.