Inman Jager Wealth Management LLC Buys New Shares in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Inman Jager Wealth Management LLC bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 4th quarter, HoldingsChannel reports. The firm bought 17,555 shares of the company’s stock, valued at approximately $1,006,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp bought a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at $25,000. Focused Wealth Management Inc bought a new stake in iShares Core U.S. REIT ETF in the third quarter valued at $30,000. Sanctuary Wealth Management L.L.C. bought a new stake in iShares Core U.S. REIT ETF in the third quarter valued at $50,000. Synergy Asset Management LLC bought a new stake in iShares Core U.S. REIT ETF in the fourth quarter valued at $54,000. Finally, Private Trust Co. NA increased its stake in iShares Core U.S. REIT ETF by 496.0% in the third quarter. Private Trust Co. NA now owns 1,049 shares of the company’s stock valued at $65,000 after purchasing an additional 873 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Up 1.3 %

USRT opened at $58.56 on Thursday. iShares Core U.S. REIT ETF has a 1-year low of $49.12 and a 1-year high of $63.22. The company has a market cap of $2.55 billion, a P/E ratio of 26.47 and a beta of 0.97. The company has a fifty day moving average price of $58.19 and a two-hundred day moving average price of $59.35.

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.