35,100 Shares in iShares Global REIT ETF (NYSEARCA:REET) Purchased by Parkworth Wealth Management Inc.

Parkworth Wealth Management Inc. acquired a new position in iShares Global REIT ETF (NYSEARCA:REET) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 35,100 shares of the company’s stock, valued at approximately $841,000. iShares Global REIT ETF makes up approximately 0.7% of Parkworth Wealth Management Inc.’s holdings, making the stock its 29th biggest position.

Several other large investors also recently bought and sold shares of REET. Valmark Advisers Inc. grew its stake in shares of iShares Global REIT ETF by 5.5% during the 4th quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after acquiring an additional 294,000 shares during the period. M&T Bank Corp grew its position in iShares Global REIT ETF by 13.1% in the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock valued at $107,419,000 after acquiring an additional 520,038 shares during the last quarter. Bank of Montreal Can grew its position in shares of iShares Global REIT ETF by 4.0% during the 3rd quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock worth $75,834,000 after buying an additional 108,254 shares in the last quarter. Heritage Investment Group Inc. lifted its stake in shares of iShares Global REIT ETF by 1.1% during the 3rd quarter. Heritage Investment Group Inc. now owns 1,510,328 shares of the company’s stock worth $40,311,000 after purchasing an additional 16,103 shares during the last quarter. Finally, Modera Wealth Management LLC raised its stake in iShares Global REIT ETF by 5.3% in the fourth quarter. Modera Wealth Management LLC now owns 996,506 shares of the company’s stock valued at $23,886,000 after buying an additional 50,046 shares during the last quarter.

iShares Global REIT ETF Stock Down 0.6 %

iShares Global REIT ETF stock opened at $24.22 on Wednesday. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The business’s 50-day moving average price is $24.36 and its 200 day moving average price is $25.30. The firm has a market cap of $3.75 billion, a price-to-earnings ratio of 26.66 and a beta of 1.08.

iShares Global REIT ETF Company 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.