Waldron Private Wealth LLC Sells 15,261 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Waldron Private Wealth LLC decreased its position in iShares Global REIT ETF (NYSEARCA:REET) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 518,381 shares of the company’s stock after selling 15,261 shares during the period. Waldron Private Wealth LLC owned 0.34% of iShares Global REIT ETF worth $12,052,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. bought a new position in iShares Global REIT ETF in the fourth quarter valued at about $46,000. Elevate Wealth Advisory Inc. bought a new position in iShares Global REIT ETF in the fourth quarter valued at about $65,000. International Assets Investment Management LLC acquired a new position in iShares Global REIT ETF in the second quarter valued at about $67,000. IAG Wealth Partners LLC acquired a new position in iShares Global REIT ETF in the second quarter valued at about $92,000. Finally, SYM FINANCIAL Corp acquired a new position in iShares Global REIT ETF in the first quarter valued at about $111,000.

iShares Global REIT ETF Stock Performance

NYSEARCA:REET traded up $0.16 during mid-day trading on Friday, hitting $26.08. The company had a trading volume of 2,781,575 shares, compared to its average volume of 602,540. iShares Global REIT ETF has a fifty-two week low of $19.69 and a fifty-two week high of $26.16. The business’s fifty day moving average is $24.48 and its two-hundred day moving average is $23.53. The firm has a market cap of $3.97 billion, a P/E ratio of 19.98 and a beta of 0.92.

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.