Larson Financial Group LLC Sells 3,960 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Larson Financial Group LLC cut its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 7.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,819 shares of the company’s stock after selling 3,960 shares during the quarter. Larson Financial Group LLC’s holdings in iShares Global REIT ETF were worth $1,276,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in REET. Farther Finance Advisors LLC purchased a new stake in shares of iShares Global REIT ETF in the third quarter worth $39,000. International Assets Investment Management LLC bought a new position in iShares Global REIT ETF in the 2nd quarter worth approximately $67,000. IAG Wealth Partners LLC purchased a new stake in iShares Global REIT ETF during the 2nd quarter valued at approximately $92,000. Cullen Frost Bankers Inc. bought a new stake in shares of iShares Global REIT ETF during the second quarter valued at approximately $104,000. Finally, Breakwater Investment Management lifted its holdings in shares of iShares Global REIT ETF by 298.9% in the second quarter. Breakwater Investment Management now owns 4,544 shares of the company’s stock worth $106,000 after buying an additional 3,405 shares in the last quarter.

iShares Global REIT ETF Stock Performance

Shares of NYSEARCA:REET opened at $25.84 on Monday. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. The firm has a fifty day moving average price of $26.10 and a 200 day moving average price of $24.87. iShares Global REIT ETF has a fifty-two week low of $21.78 and a fifty-two week high of $27.24.

iShares Global REIT ETF Profile

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.