Forvis Mazars Wealth Advisors LLC Reduces Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Forvis Mazars Wealth Advisors LLC trimmed its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 55.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,986 shares of the company’s stock after selling 23,350 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $1,088,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Kestra Investment Management LLC bought a new stake in iShares Core U.S. REIT ETF in the 3rd quarter worth $33,794,000. Apollon Wealth Management LLC boosted its holdings in shares of iShares Core U.S. REIT ETF by 708.0% during the fourth quarter. Apollon Wealth Management LLC now owns 121,427 shares of the company’s stock worth $6,959,000 after purchasing an additional 106,398 shares during the period. Executive Wealth Management LLC bought a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth about $5,773,000. Captrust Financial Advisors increased its holdings in iShares Core U.S. REIT ETF by 1,030.0% during the 3rd quarter. Captrust Financial Advisors now owns 98,895 shares of the company’s stock valued at $6,089,000 after purchasing an additional 90,143 shares during the period. Finally, Spartan Planning & Wealth Management purchased a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $3,836,000.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA USRT opened at $58.75 on Monday. The stock has a market cap of $2.85 billion, a P/E ratio of 33.02 and a beta of 1.09. 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 simple moving average of $57.65 and a two-hundred day simple moving average of $59.54.

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.