MFA Wealth Advisors LLC Sells 1,098 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

MFA Wealth Advisors LLC reduced its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.7% during the third quarter, HoldingsChannel.com reports. The firm owned 22,074 shares of the company’s stock after selling 1,098 shares during the period. MFA Wealth Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,359,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in USRT. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the second quarter valued at $26,000. Atwood & Palmer Inc. purchased a new stake in iShares Core U.S. REIT ETF in the 2nd quarter valued at about $27,000. Ridgewood Investments LLC purchased a new stake in iShares Core U.S. REIT ETF in the 2nd quarter valued at about $33,000. Fairscale Capital LLC bought a new position in iShares Core U.S. REIT ETF in the 2nd quarter worth about $51,000. Finally, Concourse Financial Group Securities Inc. purchased a new position in shares of iShares Core U.S. REIT ETF during the first quarter worth approximately $100,000.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA USRT opened at $61.44 on Thursday. iShares Core U.S. REIT ETF has a 52-week low of $43.76 and a 52-week high of $62.94. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The stock has a 50 day moving average price of $60.67 and a 200 day moving average price of $55.89.

About iShares Core U.S. REIT ETF

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.