Prospect Financial Group LLC Acquires New Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Prospect Financial Group LLC acquired a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,004 shares of the company’s stock, valued at approximately $1,146,000. iShares Core U.S. REIT ETF accounts for approximately 1.4% of Prospect Financial Group LLC’s investment portfolio, making the stock its 22nd biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE raised its position in shares of iShares Core U.S. REIT ETF by 3.3% during the 4th quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock worth $159,070,000 after buying an additional 87,662 shares in the last quarter. Trust Co of Tennessee raised its holdings in iShares Core U.S. REIT ETF by 2.0% during the fourth quarter. Trust Co of Tennessee now owns 1,163,734 shares of the company’s stock worth $66,692,000 after purchasing an additional 22,723 shares in the last quarter. LPL Financial LLC raised its holdings in iShares Core U.S. REIT ETF by 256.5% during the fourth quarter. LPL Financial LLC now owns 781,468 shares of the company’s stock worth $44,786,000 after purchasing an additional 562,265 shares in the last quarter. Heritage Financial Services LLC lifted its position in iShares Core U.S. REIT ETF by 4.1% in the fourth quarter. Heritage Financial Services LLC now owns 764,424 shares of the company’s stock worth $43,809,000 after purchasing an additional 30,408 shares during the period. Finally, Choreo LLC boosted its stake in iShares Core U.S. REIT ETF by 1.6% during the 4th quarter. Choreo LLC now owns 575,058 shares of the company’s stock valued at $32,950,000 after purchasing an additional 9,145 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of USRT stock opened at $57.60 on Tuesday. iShares Core U.S. REIT ETF has a 1 year low of $49.12 and a 1 year high of $63.22. The business’s fifty day moving average is $58.20 and its 200-day moving average is $59.43. The stock has a market cap of $2.83 billion, a PE ratio of 32.68 and a beta of 1.10.

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.