iShares Global REIT ETF $REET Holdings Boosted by HighTower Advisors LLC

HighTower Advisors LLC grew its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 3.9% in the 3rd quarter, Holdings Channel reports. The firm owned 1,210,390 shares of the company’s stock after acquiring an additional 45,464 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Global REIT ETF were worth $30,937,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC acquired a new position in iShares Global REIT ETF during the 2nd quarter valued at approximately $24,090,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in iShares Global REIT ETF by 73.0% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock valued at $45,912,000 after buying an additional 758,228 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Global REIT ETF by 42.1% during the second quarter. Bank of America Corp DE now owns 1,053,734 shares of the company’s stock valued at $26,027,000 after acquiring an additional 312,423 shares during the period. SageView Advisory Group LLC grew its position in shares of iShares Global REIT ETF by 10.8% during the second quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock worth $73,025,000 after acquiring an additional 288,303 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its position in iShares Global REIT ETF by 3.9% in the 3rd quarter. Valmark Advisers Inc. now owns 6,045,409 shares of the company’s stock valued at $154,521,000 after purchasing an additional 228,415 shares during the last quarter.

iShares Global REIT ETF Trading Down 1.3%

REET opened at $26.90 on Thursday. iShares Global REIT ETF has a twelve month low of $20.96 and a twelve month high of $27.26. The stock has a market cap of $4.68 billion, a PE ratio of 29.27 and a beta of 0.99. The business’s 50 day moving average is $25.54 and its 200-day moving average is $25.40.

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.