iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by Private Wealth Management Group LLC

Private Wealth Management Group LLC reduced its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 22.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,163 shares of the company’s stock after selling 5,953 shares during the period. Private Wealth Management Group LLC’s holdings in iShares Global REIT ETF were worth $507,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in iShares Global REIT ETF by 71.5% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock worth $25,838,000 after acquiring an additional 403,494 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of iShares Global REIT ETF by 157.4% in the third quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock worth $13,797,000 after purchasing an additional 316,102 shares during the last quarter. Nicola Wealth Management LTD. lifted its holdings in shares of iShares Global REIT ETF by 102.8% during the third quarter. Nicola Wealth Management LTD. now owns 623,300 shares of the company’s stock worth $16,636,000 after purchasing an additional 316,000 shares during the period. FSM Wealth Advisors LLC purchased a new stake in iShares Global REIT ETF in the third quarter valued at approximately $6,549,000. Finally, Money Design Co. Ltd. boosted its position in iShares Global REIT ETF by 64.2% in the fourth quarter. Money Design Co. Ltd. now owns 511,462 shares of the company’s stock valued at $12,183,000 after buying an additional 200,058 shares during the last quarter.

iShares Global REIT ETF Trading Up 1.4 %

REET opened at $24.55 on Thursday. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The firm has a 50 day moving average of $24.47 and a two-hundred day moving average of $25.32. The firm has a market capitalization of $3.74 billion, a PE ratio of 19.98 and a beta of 0.92.

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.