RDA Financial Network Cuts Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

RDA Financial Network cut its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 46.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,593 shares of the company’s stock after selling 9,348 shares during the period. RDA Financial Network’s holdings in iShares Core U.S. REIT ETF were worth $607,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in USRT. JPMorgan Chase & Co. increased its position in iShares Core U.S. REIT ETF by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock valued at $18,432,000 after buying an additional 3,059 shares in the last quarter. State Street Corp increased its holdings in shares of iShares Core U.S. REIT ETF by 27.7% during the third quarter. State Street Corp now owns 41,900 shares of the company’s stock valued at $2,580,000 after acquiring an additional 9,100 shares in the last quarter. Biltmore Wealth Management LLC increased its holdings in shares of iShares Core U.S. REIT ETF by 24.7% during the third quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock valued at $11,918,000 after acquiring an additional 38,296 shares in the last quarter. FMR LLC raised its position 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 valued at $342,000 after purchasing an additional 3,965 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in iShares Core U.S. REIT ETF in the 3rd quarter worth approximately $1,852,000.

iShares Core U.S. REIT ETF Trading Up 1.6 %

NYSEARCA:USRT opened at $57.29 on Friday. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22. The company has a market cap of $2.50 billion, a PE ratio of 26.47 and a beta of 0.97. The company’s 50 day moving average is $59.07 and its two-hundred day moving average is $59.02.

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.