First Citizens Bank & Trust Co. Has $329,000 Holdings in iShares Global REIT ETF (NYSEARCA:REET)

First Citizens Bank & Trust Co. trimmed its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 49.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,714 shares of the company’s stock after selling 13,428 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Global REIT ETF were worth $329,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Renaissance Technologies LLC lifted its stake in iShares Global REIT ETF by 150.2% in the second quarter. Renaissance Technologies LLC now owns 22,519 shares of the company’s stock valued at $524,000 after buying an additional 13,519 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at approximately $270,000. Cetera Investment Advisers boosted its stake in iShares Global REIT ETF by 78.5% during the 2nd quarter. Cetera Investment Advisers now owns 598,823 shares of the company’s stock worth $13,923,000 after acquiring an additional 263,354 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Global REIT ETF during the second quarter valued at approximately $400,000. Finally, Collective Family Office LLC grew its holdings in iShares Global REIT ETF by 1.9% during the third quarter. Collective Family Office LLC now owns 83,195 shares of the company’s stock valued at $2,220,000 after purchasing an additional 1,585 shares during the period.

iShares Global REIT ETF Stock Performance

REET opened at $24.35 on Wednesday. The firm’s fifty day moving average is $24.64 and its two-hundred day moving average is $25.33. The firm has a market cap of $3.71 billion, a PE ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24.

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.