Telemus Capital LLC Decreases Stock Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Telemus Capital LLC trimmed its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,985 shares of the company’s stock after selling 1,801 shares during the quarter. Telemus Capital LLC owned 0.09% of iShares Core U.S. REIT ETF worth $1,696,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of USRT. AE Wealth Management LLC increased its position in iShares Core U.S. REIT ETF by 26.4% during the 2nd quarter. AE Wealth Management LLC now owns 92,490 shares of the company’s stock valued at $4,755,000 after purchasing an additional 19,343 shares during the period. CGN Advisors LLC increased its position in iShares Core U.S. REIT ETF by 6.9% during the 2nd quarter. CGN Advisors LLC now owns 17,833 shares of the company’s stock valued at $917,000 after purchasing an additional 1,148 shares during the period. HBW Advisory Services LLC increased its position in iShares Core U.S. REIT ETF by 2.9% during the 2nd quarter. HBW Advisory Services LLC now owns 16,918 shares of the company’s stock valued at $870,000 after purchasing an additional 482 shares during the period. Agincourt Capital Management LLC increased its position in iShares Core U.S. REIT ETF by 1.3% during the 2nd quarter. Agincourt Capital Management LLC now owns 196,108 shares of the company’s stock valued at $10,082,000 after purchasing an additional 2,475 shares during the period. Finally, Relative Value Partners Group LLC increased its position in iShares Core U.S. REIT ETF by 22.4% during the 1st quarter. Relative Value Partners Group LLC now owns 100,363 shares of the company’s stock valued at $5,058,000 after purchasing an additional 18,334 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT opened at $51.11 on Friday. The firm has a market capitalization of $2.08 billion, a P/E ratio of 30.77 and a beta of 0.94. The stock has a 50 day moving average price of $51.66 and a 200-day moving average price of $50.62. iShares Core U.S. REIT ETF has a 52-week low of $44.80 and a 52-week high of $56.75.

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.