Spartan Planning & Wealth Management Invests $3.84 Million in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Spartan Planning & Wealth Management acquired a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 66,928 shares of the company’s stock, valued at approximately $3,836,000. iShares Core U.S. REIT ETF accounts for 3.5% of Spartan Planning & Wealth Management’s investment portfolio, making the stock its 9th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in USRT. Asset Dedication LLC grew its holdings in iShares Core U.S. REIT ETF by 54.0% in the 2nd quarter. Asset Dedication LLC now owns 13,716 shares of the company’s stock valued at $735,000 after buying an additional 4,808 shares during the period. Choreo LLC grew its holdings in iShares Core U.S. REIT ETF by 1.3% in the second quarter. Choreo LLC now owns 569,293 shares of the company’s stock valued at $30,213,000 after purchasing an additional 7,150 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in iShares Core U.S. REIT ETF by 8,376.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 388,390 shares of the company’s stock valued at $20,802,000 after purchasing an additional 383,808 shares during the period. Topel & Distasi Wealth Management LLC increased its position in iShares Core U.S. REIT ETF by 1.2% during the second quarter. Topel & Distasi Wealth Management LLC now owns 85,246 shares of the company’s stock worth $4,566,000 after purchasing an additional 997 shares during the last quarter. Finally, Marshall Financial Group Inc. ADV raised its stake in iShares Core U.S. REIT ETF by 7.4% during the second quarter. Marshall Financial Group Inc. ADV now owns 110,948 shares of the company’s stock worth $5,942,000 after purchasing an additional 7,657 shares during the period.

iShares Core U.S. REIT ETF Trading Down 0.4 %

Shares of USRT traded down $0.24 during mid-day trading on Tuesday, reaching $56.43. The company had a trading volume of 156,472 shares, compared to its average volume of 421,815. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The firm has a fifty day simple moving average of $59.69 and a 200-day simple moving average of $58.92. iShares Core U.S. REIT ETF has a fifty-two week low of $49.12 and a fifty-two week high of $63.22.

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.