3Chopt Investment Partners LLC Acquires New Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

3Chopt Investment Partners LLC bought a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 44,226 shares of the company’s stock, valued at approximately $2,229,000. iShares Core U.S. REIT ETF makes up about 1.2% of 3Chopt Investment Partners LLC’s investment portfolio, making the stock its 25th biggest position. 3Chopt Investment Partners LLC owned 0.12% of iShares Core U.S. REIT ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USRT. Osterweis Capital Management Inc. acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter worth $32,000. Money Concepts Capital Corp grew its stake in iShares Core U.S. REIT ETF by 69.9% during the 4th quarter. Money Concepts Capital Corp now owns 678 shares of the company’s stock worth $34,000 after purchasing an additional 279 shares in the last quarter. Thompson Investment Management Inc. acquired a new position in iShares Core U.S. REIT ETF during the 1st quarter worth $46,000. Prostatis Group LLC grew its stake in iShares Core U.S. REIT ETF by 4.1% during the 4th quarter. Prostatis Group LLC now owns 55,137 shares of the company’s stock worth $55,000 after purchasing an additional 2,174 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares Core U.S. REIT ETF by 117.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,166 shares of the company’s stock worth $59,000 after acquiring an additional 630 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT traded down $0.09 on Wednesday, hitting $50.73. 8,956 shares of the company’s stock were exchanged, compared to its average volume of 293,390. The firm’s 50-day moving average is $51.71 and its 200 day moving average is $50.63. The company has a market capitalization of $2.06 billion, a PE ratio of 30.77 and a beta of 0.94. iShares Core U.S. REIT ETF has a 1-year low of $44.80 and a 1-year high of $56.75.

iShares Core U.S. REIT ETF 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.