35,100 Shares in iShares Global REIT ETF (NYSEARCA:REET) Purchased by Parkworth Wealth Management Inc.

Parkworth Wealth Management Inc. purchased a new position in iShares Global REIT ETF (NYSEARCA:REET) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 35,100 shares of the company’s stock, valued at approximately $841,000. iShares Global REIT ETF makes up about 0.7% of Parkworth Wealth Management Inc.’s investment portfolio, making the stock its 29th largest holding.

Other hedge funds have also bought and sold shares of the company. Capital Performance Advisors LLP grew its holdings in shares of iShares Global REIT ETF by 1.1% during the fourth quarter. Capital Performance Advisors LLP now owns 39,697 shares of the company’s stock valued at $952,000 after purchasing an additional 421 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares Global REIT ETF by 2.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 16,769 shares of the company’s stock valued at $402,000 after purchasing an additional 435 shares during the last quarter. Claro Advisors LLC grew its holdings in shares of iShares Global REIT ETF by 3.8% during 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 grew its holdings in shares of iShares Global REIT ETF by 1.6% during the fourth quarter. 180 Wealth Advisors LLC now owns 29,769 shares of the company’s stock valued at $714,000 after purchasing an additional 461 shares during the last quarter. Finally, Breakwater Investment Management grew its holdings in shares of iShares Global REIT ETF by 12.1% during the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after purchasing an additional 551 shares during the last quarter.

iShares Global REIT ETF Trading Down 0.6 %

Shares of NYSEARCA REET opened at $24.22 on Wednesday. The stock has a 50 day simple moving average of $24.36 and a 200-day simple moving average of $25.30. The company has a market cap of $3.75 billion, a PE ratio of 26.66 and a beta of 1.08. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24.

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.