Prosperity Financial Group Inc. Invests $287,000 in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Prosperity Financial Group Inc. purchased a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,665 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Opal Wealth Advisors LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at $26,000. Atwood & Palmer Inc. purchased a new position in iShares Core U.S. REIT ETF in the second quarter valued at about $27,000. Focused Wealth Management Inc acquired a new position in shares of iShares Core U.S. REIT ETF during the third quarter worth about $30,000. Ridgewood Investments LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the second quarter worth about $33,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in shares of iShares Core U.S. REIT ETF in the third quarter valued at about $50,000.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT opened at $61.34 on Monday. The business’s 50-day simple moving average is $60.88 and its 200 day simple moving average is $57.43. The company has a market cap of $2.67 billion, a P/E ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a one year low of $48.44 and a one year high of $62.94.

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.