Synergy Investment Management LLC Purchases New Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Synergy Investment Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 729 shares of the company’s stock, valued at approximately $42,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Mission Wealth Management LP grew its holdings in iShares Core U.S. REIT ETF by 0.7% during the fourth quarter. Mission Wealth Management LP now owns 505,944 shares of the company’s stock valued at $28,996,000 after purchasing an additional 3,580 shares during the period. Cascade Wealth Advisors Inc grew its holdings in iShares Core U.S. REIT ETF by 11.1% during the fourth quarter. Cascade Wealth Advisors Inc now owns 42,967 shares of the company’s stock valued at $2,462,000 after purchasing an additional 4,295 shares during the period. Jones Financial Companies Lllp grew its holdings in iShares Core U.S. REIT ETF by 66.3% during the fourth quarter. Jones Financial Companies Lllp now owns 37,009 shares of the company’s stock valued at $2,121,000 after purchasing an additional 14,760 shares during the period. Cape Investment Advisory Inc. grew its holdings in iShares Core U.S. REIT ETF by 154.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,337 shares of the company’s stock valued at $77,000 after purchasing an additional 811 shares during the period. Finally, US Bancorp DE boosted its holdings in shares of iShares Core U.S. REIT ETF by 3.3% in the fourth quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock worth $159,070,000 after acquiring an additional 87,662 shares during the period.

iShares Core U.S. REIT ETF Price Performance

iShares Core U.S. REIT ETF stock opened at $60.15 on Thursday. iShares Core U.S. REIT ETF has a one year low of $49.12 and a one year high of $63.22. The business has a fifty day moving average price of $57.94 and a 200-day moving average price of $59.63. The firm has a market capitalization of $2.91 billion, a P/E ratio of 33.02 and a beta of 1.09.

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.