iShares Global REIT ETF $REET Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 12.8% during the 4th quarter, Holdings Channel reports. The firm owned 6,117,917 shares of the company’s stock after buying an additional 692,016 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Global REIT ETF were worth $152,642,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. First National Bank of Omaha acquired a new stake in iShares Global REIT ETF in the third quarter valued at approximately $544,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of iShares Global REIT ETF in the third quarter valued at about $583,000. Modera Wealth Management LLC grew its position in shares of iShares Global REIT ETF by 8.7% in the fourth quarter. Modera Wealth Management LLC now owns 1,299,166 shares of the company’s stock valued at $32,414,000 after purchasing an additional 103,954 shares during the period. Compagnie Lombard Odier SCmA grew its position in shares of iShares Global REIT ETF by 276.4% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 38,390 shares of the company’s stock valued at $958,000 after purchasing an additional 28,190 shares during the period. Finally, Brooklyn FI LLC grew its position in shares of iShares Global REIT ETF by 18.6% in the fourth quarter. Brooklyn FI LLC now owns 464,137 shares of the company’s stock valued at $11,580,000 after purchasing an additional 72,854 shares during the period.

iShares Global REIT ETF Stock Down 0.2%

Shares of NYSEARCA REET opened at $27.46 on Friday. The company’s 50-day simple moving average is $26.57 and its 200-day simple moving average is $26.01. iShares Global REIT ETF has a 52-week low of $24.28 and a 52-week high of $27.69. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

iShares Global REIT ETF 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.