Cypress Point Wealth Management LLC Has $271,000 Stock Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Cypress Point Wealth Management LLC lessened its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 5.1% in the third quarter, HoldingsChannel.com reports. The firm owned 4,397 shares of the company’s stock after selling 236 shares during the quarter. Cypress Point Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $271,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in iShares Core U.S. REIT ETF by 1.5% in the third quarter. US Bancorp DE now owns 2,687,948 shares of the company’s stock valued at $165,497,000 after buying an additional 39,016 shares during the period. Trust Co of Tennessee bought a new stake in iShares Core U.S. REIT ETF in the second quarter worth approximately $61,055,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core U.S. REIT ETF by 5.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock valued at $58,554,000 after buying an additional 58,262 shares during the period. Heritage Financial Services LLC boosted its holdings in shares of iShares Core U.S. REIT ETF by 2.6% during the 3rd quarter. Heritage Financial Services LLC now owns 734,016 shares of the company’s stock worth $45,193,000 after buying an additional 18,846 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of iShares Core U.S. REIT ETF by 32.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock worth $34,855,000 after buying an additional 158,072 shares during the period.

iShares Core U.S. REIT ETF Price Performance

Shares of iShares Core U.S. REIT ETF stock traded up $0.95 during trading on Friday, reaching $61.22. 194,706 shares of the company traded hands, compared to its average volume of 230,706. The firm has a market capitalization of $2.67 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 1-year low of $45.98 and a 1-year high of $62.94. The company has a 50 day moving average price of $60.96 and a 200-day moving average price of $56.65.

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.