iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC decreased its position in iShares Global REIT ETF (NYSEARCA:REET) by 2.0% in the 2nd quarter, Holdings Channel reports. The fund owned 190,081 shares of the company’s stock after selling 3,881 shares during the period. Wealthspire Advisors LLC’s holdings in iShares Global REIT ETF were worth $4,419,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in REET. Brooklyn FI LLC grew its holdings in iShares Global REIT ETF by 46.8% during the 2nd quarter. Brooklyn FI LLC now owns 212,345 shares of the company’s stock valued at $4,937,000 after purchasing an additional 67,677 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in shares of iShares Global REIT ETF by 2.6% in the second quarter. Great Lakes Advisors LLC now owns 193,076 shares of the company’s stock worth $4,489,000 after acquiring an additional 4,912 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in iShares Global REIT ETF in the second quarter valued at about $104,000. Valmark Advisers Inc. boosted its holdings in iShares Global REIT ETF by 6.5% in the second quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock valued at $127,717,000 after purchasing an additional 337,372 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its stake in iShares Global REIT ETF by 9.6% during the 2nd quarter. Aptus Capital Advisors LLC now owns 13,900 shares of the company’s stock valued at $323,000 after purchasing an additional 1,221 shares in the last quarter.

iShares Global REIT ETF Stock Up 0.9 %

REET stock opened at $27.01 on Friday. The company has a market capitalization of $4.11 billion, a PE ratio of 19.98 and a beta of 0.92. The stock’s 50 day moving average is $25.12 and its two-hundred day moving average is $23.75. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $27.07.

About iShares Global REIT ETF

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.