Wealthcare Advisory Partners LLC Decreases Holdings in iShares Global REIT ETF $REET

Wealthcare Advisory Partners LLC trimmed its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 28.7% in the second quarter, HoldingsChannel reports. The fund owned 71,611 shares of the company’s stock after selling 28,859 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Global REIT ETF were worth $1,978,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in REET. PDS Planning Inc boosted its position in iShares Global REIT ETF by 4.3% during the fourth quarter. PDS Planning Inc now owns 1,533,569 shares of the company’s stock valued at $38,263,000 after buying an additional 62,927 shares during the period. Quent Long Short Global Small Cap Fund LP purchased a new position in shares of iShares Global REIT ETF in the fourth quarter worth about $12,605,000. HighTower Advisors LLC increased its holdings in shares of iShares Global REIT ETF by 3.3% in the fourth quarter. HighTower Advisors LLC now owns 1,249,750 shares of the company’s stock worth $31,181,000 after buying an additional 39,360 shares during the period. XY Planning Network Inc. lifted its stake in shares of iShares Global REIT ETF by 106.1% in the 4th quarter. XY Planning Network Inc. now owns 120,869 shares of the company’s stock valued at $3,016,000 after acquiring an additional 62,218 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D bought a new stake in shares of iShares Global REIT ETF in the 4th quarter valued at about $294,086,000.

iShares Global REIT ETF Price Performance

Shares of REET stock opened at $28.09 on Friday. The business has a 50-day moving average of $27.95 and a 200 day moving average of $27.04. iShares Global REIT ETF has a 1-year low of $24.65 and a 1-year high of $29.06. The stock has a market capitalization of $5.08 billion, a PE ratio of 29.27 and a beta of 0.92.

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.