Miracle Mile Advisors LLC Takes $1.36 Million Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Miracle Mile Advisors LLC acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the second quarter, Holdings Channel reports. The institutional investor acquired 25,307 shares of the company’s stock, valued at approximately $1,355,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new position in iShares Core U.S. REIT ETF in the second quarter valued at approximately $27,000. Smithfield Trust Co bought a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth approximately $28,000. Heritage Wealth Advisors acquired a new stake in shares of iShares Core U.S. REIT ETF during the 4th quarter worth approximately $31,000. Finally, Cape Investment Advisory Inc. increased its stake in shares of iShares Core U.S. REIT ETF by 77.0% in the 4th quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after acquiring an additional 388 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Down 0.2 %

NYSEARCA USRT traded down $0.09 on Friday, hitting $57.93. 140,144 shares of the company were exchanged, compared to its average volume of 230,506. The company has a market cap of $2.53 billion, a PE ratio of 26.47 and a beta of 0.97. The stock has a fifty day moving average of $55.11 and a 200-day moving average of $53.20. iShares Core U.S. REIT ETF has a 12 month low of $43.76 and a 12 month high of $58.38.

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.