iShares Global REIT ETF $REET Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC lowered its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 84.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,591 shares of the company’s stock after selling 97,788 shares during the period. Great Lakes Advisors LLC’s holdings in iShares Global REIT ETF were worth $450,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of iShares Global REIT ETF during the 2nd quarter valued at $24,090,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in iShares Global REIT ETF by 73.0% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock valued at $45,912,000 after acquiring an additional 758,228 shares during the last quarter. Bank of America Corp DE grew its position in iShares Global REIT ETF by 42.1% during the second quarter. Bank of America Corp DE now owns 1,053,734 shares of the company’s stock valued at $26,027,000 after acquiring an additional 312,423 shares during the period. SageView Advisory Group LLC increased its stake in iShares Global REIT ETF by 10.8% during the second quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock worth $73,025,000 after acquiring an additional 288,303 shares during the last quarter. Finally, Valmark Advisers Inc. increased its stake in iShares Global REIT ETF by 3.9% during the third quarter. Valmark Advisers Inc. now owns 6,045,409 shares of the company’s stock worth $154,521,000 after acquiring an additional 228,415 shares during the last quarter.

iShares Global REIT ETF Stock Performance

REET opened at $25.50 on Tuesday. iShares Global REIT ETF has a 1 year low of $20.96 and a 1 year high of $26.07. The firm has a 50 day moving average price of $25.26 and a 200 day moving average price of $25.26. The company has a market cap of $4.43 billion, a PE ratio of 29.27 and a beta of 0.99.

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.