iShares Global REIT ETF $REET Stake Lessened by Foundation Wealth Management LLC

Foundation Wealth Management LLC decreased its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,785 shares of the company’s stock after selling 788 shares during the period. iShares Global REIT ETF accounts for about 0.8% of Foundation Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding. Foundation Wealth Management LLC’s holdings in iShares Global REIT ETF were worth $1,205,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Aurelius Family Office LLC lifted its stake in iShares Global REIT ETF by 0.5% during the first quarter. Aurelius Family Office LLC now owns 92,443 shares of the company’s stock valued at $2,243,000 after purchasing an additional 419 shares during the last quarter. Matrix Trust Co grew its position in iShares Global REIT ETF by 0.9% in the second quarter. Matrix Trust Co now owns 57,259 shares of the company’s stock worth $1,414,000 after buying an additional 510 shares during the last quarter. Twelve Points Wealth Management LLC increased its holdings in shares of iShares Global REIT ETF by 2.8% in the first quarter. Twelve Points Wealth Management LLC now owns 19,167 shares of the company’s stock valued at $465,000 after buying an additional 521 shares in the last quarter. Betterment LLC lifted its position in shares of iShares Global REIT ETF by 5.3% during the 1st quarter. Betterment LLC now owns 11,035 shares of the company’s stock valued at $268,000 after acquiring an additional 552 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares Global REIT ETF by 2.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock worth $547,000 after purchasing an additional 557 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA REET opened at $25.51 on Tuesday. iShares Global REIT ETF has a one year low of $20.96 and a one year high of $26.54. The business’s 50-day moving average price is $25.24 and its two-hundred day moving average price is $24.64. The company has a market capitalization of $3.91 billion, a P/E ratio of 29.27 and a beta of 0.93.

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.