Cape Investment Advisory Inc. Purchases 811 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Cape Investment Advisory Inc. boosted its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 154.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,337 shares of the company’s stock after purchasing an additional 811 shares during the period. Cape Investment Advisory Inc.’s holdings in iShares Core U.S. REIT ETF were worth $77,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter worth $25,000. IFP Advisors Inc bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth about $29,000. Focused Wealth Management Inc bought a new stake in iShares Core U.S. REIT ETF during the 3rd quarter worth about $30,000. Beacon Capital Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth about $32,000. Finally, Sanctuary Wealth Management L.L.C. bought a new position in shares of iShares Core U.S. REIT ETF in the 3rd quarter valued at about $50,000.

iShares Core U.S. REIT ETF Stock Performance

USRT opened at $59.93 on Monday. The business’s 50-day simple moving average is $57.83 and its 200 day simple moving average is $59.60. iShares Core U.S. REIT ETF has a 52-week low of $49.12 and a 52-week high of $63.22. The firm has a market capitalization of $2.90 billion, a PE ratio of 33.02 and a beta of 1.09.

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.