Private Wealth Management Group LLC Reduces Position in iShares Global REIT ETF (NYSEARCA:REET)

Private Wealth Management Group LLC decreased its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 22.0% in the fourth quarter, Holdings Channel reports. The fund owned 21,163 shares of the company’s stock after selling 5,953 shares during the period. Private Wealth Management Group LLC’s holdings in iShares Global REIT ETF were worth $507,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of REET. Claro Advisors LLC increased its holdings in shares of iShares Global REIT ETF by 3.8% in the fourth quarter. Claro Advisors LLC now owns 12,118 shares of the company’s stock valued at $290,000 after purchasing an additional 445 shares during the last quarter. 180 Wealth Advisors LLC increased its stake in shares of iShares Global REIT ETF by 1.6% in the 4th quarter. 180 Wealth Advisors LLC now owns 29,769 shares of the company’s stock worth $714,000 after acquiring an additional 461 shares during the last quarter. Breakwater Investment Management raised its holdings in shares of iShares Global REIT ETF by 12.1% during the 4th quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock worth $122,000 after acquiring an additional 551 shares during the period. Captrust Financial Advisors raised its holdings in shares of iShares Global REIT ETF by 3.5% during the 3rd quarter. Captrust Financial Advisors now owns 20,317 shares of the company’s stock worth $542,000 after acquiring an additional 685 shares during the period. Finally, Prime Capital Investment Advisors LLC grew its holdings in shares of iShares Global REIT ETF by 6.2% in the third quarter. Prime Capital Investment Advisors LLC now owns 13,058 shares of the company’s stock valued at $349,000 after purchasing an additional 759 shares during the period.

iShares Global REIT ETF Trading Up 1.4 %

iShares Global REIT ETF stock opened at $24.55 on Thursday. The company has a 50-day moving average price of $24.47 and a 200 day moving average price of $25.32. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The stock has a market cap of $3.74 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.