Tectonic Advisors LLC Buys 7,700 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Tectonic Advisors LLC lifted its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 194,617 shares of the company’s stock after purchasing an additional 7,700 shares during the period. iShares Core U.S. REIT ETF accounts for approximately 0.8% of Tectonic Advisors LLC’s holdings, making the stock its 17th largest holding. Tectonic Advisors LLC owned about 0.45% of iShares Core U.S. REIT ETF worth $11,983,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new position in iShares Core U.S. REIT ETF during the second quarter worth approximately $27,000. Ridgewood Investments LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the second quarter valued at approximately $33,000. Fairscale Capital LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the second quarter valued at approximately $51,000. Finally, Concourse Financial Group Securities Inc. acquired a new position in shares of iShares Core U.S. REIT ETF in the first quarter valued at approximately $100,000.

iShares Core U.S. REIT ETF Trading Down 0.2 %

Shares of USRT stock opened at $61.31 on Friday. The stock has a market cap of $2.67 billion, a P/E ratio of 26.47 and a beta of 0.97. The stock has a 50 day simple moving average of $60.73 and a 200 day simple moving average of $55.93. iShares Core U.S. REIT ETF has a 1 year low of $43.76 and a 1 year high of $62.94.

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.