Morton Brown Family Wealth LLC boosted its position in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 3.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 539,546 shares of the company’s stock after acquiring an additional 19,241 shares during the period. iShares Global REIT ETF comprises approximately 3.1% of Morton Brown Family Wealth LLC’s investment portfolio, making the stock its 10th biggest holding. Morton Brown Family Wealth LLC’s holdings in iShares Global REIT ETF were worth $13,909,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. First Interstate Bank purchased a new stake in shares of iShares Global REIT ETF during the 3rd quarter worth approximately $317,000. Brandywine Oak Private Wealth LLC boosted its position in shares of iShares Global REIT ETF by 2.8% during the 3rd quarter. Brandywine Oak Private Wealth LLC now owns 726,300 shares of the company’s stock valued at $18,724,000 after acquiring an additional 19,527 shares during the last quarter. Aurelius Family Office LLC grew its holdings in shares of iShares Global REIT ETF by 1.2% in the third quarter. Aurelius Family Office LLC now owns 109,712 shares of the company’s stock valued at $2,828,000 after purchasing an additional 1,303 shares in the last quarter. Valley National Advisers Inc. purchased a new position in shares of iShares Global REIT ETF in the third quarter valued at $31,000. Finally, Simplicity Wealth LLC grew its holdings in shares of iShares Global REIT ETF by 61.1% in the third quarter. Simplicity Wealth LLC now owns 177,575 shares of the company’s stock valued at $4,578,000 after purchasing an additional 67,354 shares in the last quarter.
iShares Global REIT ETF Stock Performance
Shares of REET opened at $26.14 on Monday. The stock has a market capitalization of $4.76 billion, a PE ratio of 29.27 and a beta of 0.91. The company’s fifty day moving average is $26.65 and its 200 day moving average is $27.24. iShares Global REIT ETF has a fifty-two week low of $24.65 and a fifty-two week high of $29.06.
About iShares Global REIT ETF
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.
Further Reading
- Five stocks we like better than iShares Global REIT ETF
- Newmont’s Record Quarter Shows Why Gold’s Floor Is the Real Story
- Albemarle Upgrade: Can Energy Storage Recharge Lithium’s Leader?
- Consumer Staples Are Up 12% This Year—These 3 Beverage Stocks Are Leading the Way
- Can Planet Fitness Get Its Growth Back in Shape?
Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET – Free Report).
Receive News & Ratings for iShares Global REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
