Ellenbecker Investment Group Sells 59,897 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Ellenbecker Investment Group cut its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 33.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 119,237 shares of the company’s stock after selling 59,897 shares during the quarter. iShares Core U.S. REIT ETF makes up about 1.2% of Ellenbecker Investment Group’s investment portfolio, making the stock its 14th largest position. Ellenbecker Investment Group owned 0.27% of iShares Core U.S. REIT ETF worth $6,833,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Topel & Distasi Wealth Management LLC lifted its stake in iShares Core U.S. REIT ETF by 1.2% in 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. Marshall Financial Group Inc. ADV lifted its stake in shares of iShares Core U.S. REIT ETF by 7.4% in the 2nd quarter. Marshall Financial Group Inc. ADV now owns 110,948 shares of the company’s stock valued at $5,942,000 after acquiring an additional 7,657 shares during the last quarter. AE Wealth Management LLC boosted its holdings in iShares Core U.S. REIT ETF by 6.9% during the 2nd quarter. AE Wealth Management LLC now owns 23,218 shares of the company’s stock valued at $1,244,000 after acquiring an additional 1,500 shares during the period. Thrivent Financial for Lutherans boosted its holdings in 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 acquiring an additional 158,072 shares during the period. Finally, Merriman Wealth Management LLC bought a new position in iShares Core U.S. REIT ETF during the 2nd quarter worth approximately $6,046,000.

iShares Core U.S. REIT ETF Stock Performance

Shares of USRT stock opened at $55.86 on Tuesday. The company has a market capitalization of $2.44 billion, a P/E ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a fifty-two week low of $49.12 and a fifty-two week high of $63.22. The stock has a 50 day moving average price of $59.36 and a two-hundred day moving average price of $59.01.

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.