iShares Global REIT ETF $REET Shares Sold by NFP Retirement Inc.

NFP Retirement Inc. trimmed its position in iShares Global REIT ETF (NYSEARCA:REET) by 14.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,804 shares of the company’s stock after selling 10,848 shares during the quarter. NFP Retirement Inc.’s holdings in iShares Global REIT ETF were worth $1,625,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Chilton Capital Management LLC purchased a new position in iShares Global REIT ETF in the second quarter valued at $28,000. AdvisorNet Financial Inc boosted its position in shares of iShares Global REIT ETF by 15.9% during the 2nd quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock worth $103,000 after acquiring an additional 573 shares in the last quarter. Tacita Capital Inc increased its holdings in shares of iShares Global REIT ETF by 41.1% in the 1st quarter. Tacita Capital Inc now owns 4,262 shares of the company’s stock valued at $103,000 after acquiring an additional 1,242 shares during the last quarter. Huntington National Bank raised its position in shares of iShares Global REIT ETF by 470,200.0% during the 2nd quarter. Huntington National Bank now owns 4,703 shares of the company’s stock worth $116,000 after acquiring an additional 4,702 shares in the last quarter. Finally, SouthState Corp purchased a new stake in iShares Global REIT ETF during the first quarter worth approximately $140,000.

iShares Global REIT ETF Stock Down 0.7%

Shares of REET opened at $24.95 on Thursday. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $26.54. The stock has a 50 day moving average price of $25.43 and a 200 day moving average price of $25.05.

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.