Twelve Points Wealth Management LLC Sells 4,034 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Twelve Points Wealth Management LLC decreased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 17.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,646 shares of the company’s stock after selling 4,034 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in iShares Global REIT ETF were worth $447,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in REET. Renaissance Technologies LLC lifted its position in iShares Global REIT ETF by 150.2% in the 2nd quarter. Renaissance Technologies LLC now owns 22,519 shares of the company’s stock valued at $524,000 after acquiring an additional 13,519 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of iShares Global REIT ETF during the second quarter valued at $270,000. Cetera Investment Advisers boosted its position in shares of iShares Global REIT ETF by 78.5% during the second quarter. Cetera Investment Advisers now owns 598,823 shares of the company’s stock valued at $13,923,000 after buying an additional 263,354 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in iShares Global REIT ETF in the 2nd quarter worth about $400,000. Finally, Collective Family Office LLC raised its position in iShares Global REIT ETF by 1.9% in the 3rd quarter. Collective Family Office LLC now owns 83,195 shares of the company’s stock worth $2,220,000 after buying an additional 1,585 shares during the last quarter.

iShares Global REIT ETF Trading Down 1.4 %

Shares of REET stock opened at $24.02 on Thursday. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The stock has a market capitalization of $3.66 billion, a P/E ratio of 19.98 and a beta of 0.92. The firm’s 50 day moving average is $24.64 and its 200 day moving average is $25.33.

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.