Heritage Wealth Management LLC Cuts Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Heritage Wealth Management LLC decreased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 57.6% during the third quarter, HoldingsChannel reports. The firm owned 4,048 shares of the company’s stock after selling 5,488 shares during the period. Heritage Wealth Management LLC’s holdings in iShares Global REIT ETF were worth $111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of REET. Morgan Stanley boosted its stake in iShares Global REIT ETF by 133.5% in the 2nd quarter. Morgan Stanley now owns 4,289,227 shares of the company’s stock worth $118,897,000 after purchasing an additional 2,452,521 shares in the last quarter. Bank of Montreal Can acquired a new stake in iShares Global REIT ETF during the 2nd quarter valued at approximately $36,649,000. LPL Financial LLC lifted its stake in shares of iShares Global REIT ETF by 290.6% in the 2nd quarter. LPL Financial LLC now owns 1,145,010 shares of the company’s stock valued at $31,740,000 after purchasing an additional 851,898 shares during the period. BlackRock Inc. lifted its stake in shares of iShares Global REIT ETF by 95.0% in the 3rd quarter. BlackRock Inc. now owns 1,703,107 shares of the company’s stock valued at $46,682,000 after purchasing an additional 829,821 shares during the period. Finally, Money Design Co. Ltd. lifted its stake in shares of iShares Global REIT ETF by 389.8% in the 3rd quarter. Money Design Co. Ltd. now owns 722,034 shares of the company’s stock valued at $19,791,000 after purchasing an additional 574,607 shares during the period.

Shares of NYSEARCA REET opened at $29.57 on Friday. The firm has a fifty day moving average of $29.63 and a 200 day moving average of $29.02. iShares Global REIT ETF has a one year low of $23.50 and a one year high of $30.78.

Further Reading: Why are analyst ratings important in trading stocks?

Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET).

Institutional Ownership by Quarter for iShares Global REIT ETF (NYSEARCA:REET)

Receive News & Ratings for iShares Global REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.