Arete Wealth Advisors LLC Buys 43,175 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Arete Wealth Advisors LLC boosted its stake in iShares Global REIT ETF (NYSEARCA:REET) by 52.2% in the fourth quarter, HoldingsChannel reports. The firm owned 125,932 shares of the company’s stock after buying an additional 43,175 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares Global REIT ETF were worth $3,019,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of REET. Capital Performance Advisors LLP boosted its position in shares of iShares Global REIT ETF by 1.1% during the 4th quarter. Capital Performance Advisors LLP now owns 39,697 shares of the company’s stock worth $952,000 after purchasing an additional 421 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Global REIT ETF by 2.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 16,769 shares of the company’s stock worth $402,000 after acquiring an additional 435 shares in the last quarter. Claro Advisors LLC grew its stake in iShares Global REIT ETF by 3.8% in the fourth quarter. Claro Advisors LLC now owns 12,118 shares of the company’s stock valued at $290,000 after acquiring an additional 445 shares during the period. 180 Wealth Advisors LLC increased its holdings in shares of iShares Global REIT ETF by 1.6% during the fourth quarter. 180 Wealth Advisors LLC now owns 29,769 shares of the company’s stock valued at $714,000 after acquiring an additional 461 shares in the last quarter. Finally, Breakwater Investment Management raised its position in shares of iShares Global REIT ETF by 12.1% during the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock worth $122,000 after purchasing an additional 551 shares during the period.

iShares Global REIT ETF Stock Up 0.7 %

Shares of REET opened at $24.45 on Thursday. The business’s fifty day moving average is $24.49 and its 200 day moving average is $25.08. 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 cap of $3.82 billion, a P/E ratio of 26.39 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.