Fonville Wealth Management LLC Invests $240,000 in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Fonville Wealth Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,424 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds also recently made changes to their positions in USRT. Fortitude Family Office LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $27,000. Money Concepts Capital Corp lifted its position in shares of 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 valued at $34,000 after buying an additional 279 shares during the last quarter. Blue Trust Inc. purchased a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at $35,000. IFP Advisors Inc raised its stake in shares of iShares Core U.S. REIT ETF by 33.5% during the 3rd quarter. IFP Advisors Inc now owns 924 shares of the company’s stock valued at $44,000 after purchasing an additional 232 shares during the period. Finally, Headinvest LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter valued at $46,000.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA USRT traded up $0.04 during trading on Thursday, reaching $49.39. The company’s stock had a trading volume of 681,452 shares, compared to its average volume of 239,639. The stock has a market capitalization of $2.16 billion, a PE ratio of 26.66 and a beta of 0.99. The firm has a fifty day moving average of $52.58 and a 200 day moving average of $51.05. iShares Core U.S. REIT ETF has a one year low of $43.76 and a one year high of $55.40.

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.