Cetera Investment Advisers has increased its investment in the iShares Core U.S. REIT ETF (NYSEARCA: USRT) by 9.3% during the second quarter of 2023. In its latest filing with the U.S. Securities and Exchange Commission (SEC), the firm reported owning a total of 147,716 shares after acquiring an additional 12,625 shares. This stake is valued at approximately $8,355,000.
Multiple institutional investors have also adjusted their holdings in the iShares Core U.S. REIT ETF. For instance, Pacific Life Fund Advisors LLC raised its position by 11.8%, bringing its total to 368,099 shares valued at $20,820,000 after purchasing an extra 38,980 shares in the same quarter.
Better Money Decisions LLC has similarly increased its stake by 4.2%, now owning 43,255 shares worth around $2,446,000 after acquiring 1,745 additional shares. Vise Technologies Inc. entered the market with a new position valued at approximately $2,442,000.
Allworth Financial LP boosted its holdings by 13.6%, owning 23,066 shares now valued at $1,305,000 following the purchase of 2,753 shares. Fonville Wealth Management LLC also raised its stake significantly by 28.2%, owning 5,815 shares valued at $329,000 after adding 1,279 shares.
Current Market Performance of iShares Core U.S. REIT ETF
As of the latest trading session, shares of the iShares Core U.S. REIT ETF opened at $57.88. The stock has a fifty-day moving average price of $58.15 and a two-hundred-day moving average of $57.44. Over the past year, the ETF has experienced a low of $48.47 and a high of $63.22, reflecting significant market fluctuations.
With a market capitalization of $3.14 billion, the iShares Core U.S. REIT ETF maintains a price-to-earnings ratio of 35.32 and a beta of 1.02, indicating its relative volatility compared to the overall market.
The iShares Core U.S. REIT ETF is managed by BlackRock and is designed to track the FTSE Nareit Equity REITs Index, which represents a market-cap-weighted selection of U.S.-listed Real Estate Investment Trusts (REITs). The ETF was launched on May 1, 2007.
For those interested in tracking the latest movements in the iShares Core U.S. REIT ETF, updates on holdings and insider trades can be accessed through financial news platforms.
