CIBC Private Wealth Group LLC Increases Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

CIBC Private Wealth Group LLC grew its stake in iShares Global REIT ETF (NYSEARCA:REET) by 11.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 45,351 shares of the company’s stock after acquiring an additional 4,746 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Global REIT ETF were worth $1,076,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Brooklyn FI LLC raised its position in iShares Global REIT ETF by 6,573.1% in the fourth quarter. Brooklyn FI LLC now owns 15,061,248 shares of the company’s stock valued at $384,369,000 after purchasing an additional 14,835,546 shares during the period. M&T Bank Corp raised its holdings in shares of iShares Global REIT ETF by 13.1% in the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock valued at $107,419,000 after buying an additional 520,038 shares during the period. LPL Financial LLC lifted its stake in iShares Global REIT ETF by 42.5% during the 4th quarter. LPL Financial LLC now owns 1,494,856 shares of the company’s stock worth $35,832,000 after acquiring an additional 445,910 shares in the last quarter. Nicola Wealth Management LTD. lifted its stake in iShares Global REIT ETF by 57.0% during the 4th quarter. Nicola Wealth Management LTD. now owns 978,300 shares of the company’s stock worth $23,450,000 after acquiring an additional 355,000 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in iShares Global REIT ETF by 5.5% during the 4th quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after acquiring an additional 294,000 shares during the period.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA:REET opened at $23.71 on Friday. The firm has a market capitalization of $3.70 billion, a PE ratio of 26.39 and a beta of 1.08. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The firm’s 50-day moving average is $24.48 and its two-hundred day moving average is $25.07.

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.