USRT Stock Summary and Trading Ideas (iShares Core U.S. REIT ETF | ARCA:USRT)

The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities. The FTSE NAREIT US Real Estate Index Series is designed to present investors with a comprehensive family of REIT performance indexes that spans the commercial real estate space across the US economy. The index series provides investors with exposure to all investment and property sectors. In addition, the more narrowly focused property sector and sub-sector indexes provide the facility to concentrate commercial real estate exposure in more selected markets. The FTSE NAREIT All Equity REITs index contains all tax-qualified REITs with more than 50 percent of total assets in qualifying real estate assets other than mortgages secured by real property that also meet minimum size and liquidity criteria.

iShares Core U.S. REIT ETF trades on the ARCA stock market under the symbol USRT.

As of April 19, 2024, USRT stock price climbed to $49.61 with 169,798 million shares trading.

USRT has a beta of 1.19, meaning it tends to be more sensitive to market movements. USRT has a correlation of 0.53 to the broad based SPY ETF.

USRT has a market cap of $2.17 billion. This is considered a Mid Cap stock.

In the last 3 years, USRT stock traded as high as $68.08 and as low as $43.76.

USRT has underperformed the market in the last year with a price return of +2.7% while the SPY ETF gained +21.0%. USRT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.5% and -4.5%, respectively, while the SPY returned +4.1% and -3.6%, respectively.

USRT support price is $48.77 and resistance is $50.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USRT stock will trade within this expected range on the day.