Nwam LLC Invests $643,000 in iShares Global REIT ETF (NYSEARCA:REET)

Nwam LLC acquired a new position in iShares Global REIT ETF (NYSEARCA:REET) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 26,839 shares of the company’s stock, valued at approximately $643,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of REET. Capital Performance Advisors LLP grew its position in iShares Global REIT ETF by 1.1% during the 4th quarter. Capital Performance Advisors LLP now owns 39,697 shares of the company’s stock worth $952,000 after purchasing an additional 421 shares during the last quarter. Claro Advisors LLC grew its position in iShares Global REIT ETF by 3.8% during the 4th quarter. Claro Advisors LLC now owns 12,118 shares of the company’s stock worth $290,000 after purchasing an additional 445 shares during the last quarter. 180 Wealth Advisors LLC grew its position in iShares Global REIT ETF by 1.6% during the 4th quarter. 180 Wealth Advisors LLC now owns 29,769 shares of the company’s stock worth $714,000 after purchasing an additional 461 shares during the last quarter. Breakwater Investment Management grew its position in 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 purchasing an additional 551 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in 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 purchasing an additional 685 shares during the last quarter.

iShares Global REIT ETF Trading Up 0.5 %

NYSEARCA:REET opened at $24.99 on Friday. The company has a market cap of $3.86 billion, a PE ratio of 28.31 and a beta of 1.07. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24. The company’s 50 day moving average is $24.27 and its two-hundred day moving average is $25.33.

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.