Brandywine Oak Private Wealth LLC Decreases Stake in iShares Global REIT ETF (NYSEARCA:REET)

Brandywine Oak Private Wealth LLC lessened its stake in iShares Global REIT ETF (NYSEARCA:REET) by 4.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 432,850 shares of the company’s stock after selling 20,714 shares during the quarter. iShares Global REIT ETF accounts for approximately 1.2% of Brandywine Oak Private Wealth LLC’s portfolio, making the stock its 17th biggest position. Brandywine Oak Private Wealth LLC’s holdings in iShares Global REIT ETF were worth $10,466,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. DGS Capital Management LLC boosted its stake in shares of iShares Global REIT ETF by 3.1% in the 4th quarter. DGS Capital Management LLC now owns 14,533 shares of the company’s stock valued at $351,000 after buying an additional 432 shares during the period. Ballentine Partners LLC lifted its stake in iShares Global REIT ETF by 4.6% during the fourth quarter. Ballentine Partners LLC now owns 10,400 shares of the company’s stock worth $251,000 after purchasing an additional 454 shares during the last quarter. UMB Bank n.a. lifted its stake in iShares Global REIT ETF by 22.9% during the fourth quarter. UMB Bank n.a. now owns 2,460 shares of the company’s stock worth $59,000 after purchasing an additional 459 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in iShares Global REIT ETF by 1.2% during the third quarter. EverSource Wealth Advisors LLC now owns 39,256 shares of the company’s stock worth $831,000 after purchasing an additional 469 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its stake in iShares Global REIT ETF by 5.3% during the third quarter. Financial Advocates Investment Management now owns 10,871 shares of the company’s stock worth $230,000 after purchasing an additional 546 shares during the last quarter.

iShares Global REIT ETF Trading Up 0.3 %

REET stock traded up $0.06 during trading on Wednesday, hitting $22.18. 63,246 shares of the company’s stock were exchanged, compared to its average volume of 666,943. The business has a 50-day moving average price of $23.01 and a two-hundred day moving average price of $22.77. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 18.85 and a beta of 0.91. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $24.65.

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.