iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 52-Week High at $62.87

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $62.87 and last traded at $62.68, with a volume of 8559 shares changing hands. The stock had previously closed at $62.48.

iShares Core U.S. REIT ETF Price Performance

The firm has a market capitalization of $2.71 billion, a PE ratio of 26.47 and a beta of 0.97. The company has a 50-day moving average price of $58.22 and a 200 day moving average price of $54.39.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cannon Financial Strategists Inc. bought a new stake in shares of iShares Core U.S. REIT ETF during the second quarter valued at approximately $9,422,000. Sanctuary Advisors LLC purchased a new stake in iShares Core U.S. REIT ETF in the 2nd quarter worth $1,513,000. PVG Asset Management Corp bought a new position in shares of iShares Core U.S. REIT ETF during the 2nd quarter valued at about $257,000. Cetera Investment Advisers grew its position in shares of iShares Core U.S. REIT ETF by 75.4% during the second quarter. Cetera Investment Advisers now owns 96,858 shares of the company’s stock valued at $5,188,000 after purchasing an additional 41,637 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in shares of iShares Core U.S. REIT ETF by 4.5% in the second quarter. Truist Financial Corp now owns 12,786 shares of the company’s stock worth $685,000 after purchasing an additional 552 shares during the last quarter.

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.