Wealth Alliance Sells 42,614 Shares of iShares Global REIT ETF (NYSEARCA:REET)

by · The Markets Daily

Wealth Alliance trimmed its stake in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 76.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 13,486 shares of the company’s stock after selling 42,614 shares during the quarter. Wealth Alliance’s holdings in iShares Global REIT ETF were worth $323,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Valmark Advisers Inc. lifted its position in shares of iShares Global REIT ETF by 5.5% during the 4th quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after acquiring an additional 294,000 shares during the period. Bank of Montreal Can lifted its position in shares of iShares Global REIT ETF by 4.0% during the 3rd quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock worth $75,834,000 after buying an additional 108,254 shares during the last quarter. Heritage Investment Group Inc. lifted its position in shares of iShares Global REIT ETF by 1.1% during the 3rd quarter. Heritage Investment Group Inc. now owns 1,510,328 shares of the company’s stock worth $40,311,000 after buying an additional 16,103 shares during the last quarter. PDS Planning Inc lifted its position in shares of iShares Global REIT ETF by 8.9% during the 3rd quarter. PDS Planning Inc now owns 1,283,394 shares of the company’s stock worth $34,254,000 after buying an additional 104,588 shares during the last quarter. Finally, Diversified Portfolios Inc. lifted its position in shares of iShares Global REIT ETF by 7.7% during the 4th quarter. Diversified Portfolios Inc. now owns 772,173 shares of the company’s stock worth $18,509,000 after buying an additional 55,482 shares during the last quarter.

iShares Global REIT ETF Stock Down 0.9 %

Shares of REET stock opened at $24.69 on Friday. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24. The company has a market cap of $3.82 billion, a P/E ratio of 28.31 and a beta of 1.07. The business has a fifty day simple moving average of $24.20 and a 200 day simple moving average of $25.32.

iShares Global REIT ETF Profile

(Free Report)

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.

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