Valmark Advisers Inc. Boosts Stake in iShares Global REIT ETF $REET

by · The Markets Daily

Valmark Advisers Inc. boosted its position in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 3.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,045,409 shares of the company’s stock after buying an additional 228,415 shares during the period. iShares Global REIT ETF makes up about 2.0% of Valmark Advisers Inc.’s portfolio, making the stock its 14th biggest holding. Valmark Advisers Inc. owned about 3.84% of iShares Global REIT ETF worth $154,521,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in REET. Regatta Capital Group LLC boosted its position in shares of iShares Global REIT ETF by 3.9% during the 3rd quarter. Regatta Capital Group LLC now owns 10,625 shares of the company’s stock valued at $272,000 after acquiring an additional 395 shares during the last quarter. Leo Wealth LLC increased its position in iShares Global REIT ETF by 2.1% in the second quarter. Leo Wealth LLC now owns 19,694 shares of the company’s stock worth $486,000 after purchasing an additional 399 shares during the last quarter. MML Investors Services LLC raised its stake in iShares Global REIT ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 33,543 shares of the company’s stock valued at $829,000 after purchasing an additional 431 shares in the last quarter. Clarity Wealth Development LLC lifted its position in iShares Global REIT ETF by 4.6% during the second quarter. Clarity Wealth Development LLC now owns 10,965 shares of the company’s stock valued at $271,000 after purchasing an additional 481 shares during the last quarter. Finally, Matrix Trust Co grew its stake in shares of iShares Global REIT ETF by 0.9% in the 2nd quarter. Matrix Trust Co now owns 57,259 shares of the company’s stock worth $1,414,000 after buying an additional 510 shares in the last quarter.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock opened at $25.33 on Friday. The company’s 50-day moving average price is $25.15 and its 200-day moving average price is $25.17. The company has a market cap of $4.35 billion, a PE ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a twelve month low of $20.96 and a twelve month high of $26.07.

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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