477,963 iShares Global REIT ETF $REET Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. decreased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 94.4% in the 3rd quarter, Holdings Channel reports. The fund owned 28,266 shares of the company’s stock after selling 477,963 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares Global REIT ETF were worth $729,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Diversify Advisory Services LLC lifted its position in iShares Global REIT ETF by 2.5% in the 3rd quarter. Diversify Advisory Services LLC now owns 15,897 shares of the company’s stock valued at $412,000 after acquiring an additional 392 shares in the last quarter. CoreCap Advisors LLC boosted its stake in iShares Global REIT ETF by 14.4% in the 2nd quarter. CoreCap Advisors LLC now owns 4,867 shares of the company’s stock worth $134,000 after purchasing an additional 612 shares during the period. FAS Wealth Partners Inc. increased its holdings in iShares Global REIT ETF by 1.0% during the 1st quarter. FAS Wealth Partners Inc. now owns 78,630 shares of the company’s stock worth $1,978,000 after purchasing an additional 765 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of iShares Global REIT ETF in the 4th quarter valued at about $25,000. Finally, Continuum Advisory LLC acquired a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at about $36,000.

iShares Global REIT ETF Price Performance

REET opened at $26.17 on Friday. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 29.27 and a beta of 0.91. The business’s 50-day moving average price is $26.69 and its two-hundred day moving average price is $27.24. iShares Global REIT ETF has a 1 year low of $24.65 and a 1 year high of $29.06.

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.