iShares Core U.S. REIT ETF (NYSEARCA:USRT) is Biltmore Wealth Management LLC’s 8th Largest Position

Biltmore Wealth Management LLC lifted its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 0.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 195,124 shares of the company’s stock after buying an additional 1,558 shares during the quarter. iShares Core U.S. REIT ETF makes up about 4.7% of Biltmore Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Biltmore Wealth Management LLC owned about 0.45% of iShares Core U.S. REIT ETF worth $11,183,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares Core U.S. REIT ETF by 1.0% in the third quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock valued at $18,432,000 after purchasing an additional 3,059 shares in the last quarter. State Street Corp grew its stake in shares of iShares Core U.S. REIT ETF by 27.7% in the 3rd quarter. State Street Corp now owns 41,900 shares of the company’s stock worth $2,580,000 after buying an additional 9,100 shares in the last quarter. FMR LLC increased its holdings in shares of iShares Core U.S. REIT ETF by 250.3% in the 3rd quarter. FMR LLC now owns 5,549 shares of the company’s stock worth $342,000 after buying an additional 3,965 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Core U.S. REIT ETF in the 3rd quarter worth about $1,852,000. Finally, Thrivent Financial for Lutherans raised its position in shares of iShares Core U.S. REIT ETF by 32.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after buying an additional 158,072 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Up 1.3 %

USRT opened at $55.86 on Tuesday. The stock has a 50-day moving average of $59.36 and a 200 day moving average of $59.01. iShares Core U.S. REIT ETF has a 12 month low of $49.12 and a 12 month high of $63.22. The firm has a market cap of $2.44 billion, a P/E ratio of 26.47 and a beta of 0.97.

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.