Morton Brown Family Wealth LLC grew its stake in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 6.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 431,190 shares of the company’s stock after acquiring an additional 24,755 shares during the quarter. iShares Global REIT ETF comprises approximately 3.2% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 9th biggest holding. Morton Brown Family Wealth LLC owned approximately 0.27% of iShares Global REIT ETF worth $10,650,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in REET. Farther Finance Advisors LLC lifted its position in shares of iShares Global REIT ETF by 231.7% in the first quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock valued at $117,000 after acquiring an additional 3,371 shares in the last quarter. Simplicity Wealth LLC lifted its position in shares of iShares Global REIT ETF by 56.0% in the first quarter. Simplicity Wealth LLC now owns 27,763 shares of the company’s stock valued at $674,000 after acquiring an additional 9,962 shares in the last quarter. Accelerate Investment Advisors LLC lifted its position in shares of iShares Global REIT ETF by 8.7% in the first quarter. Accelerate Investment Advisors LLC now owns 38,711 shares of the company’s stock valued at $939,000 after acquiring an additional 3,101 shares in the last quarter. 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 valued at $547,000 after acquiring an additional 557 shares in the last quarter. Finally, Diversified Portfolios Inc. lifted its position in shares of iShares Global REIT ETF by 5.6% in the first quarter. Diversified Portfolios Inc. now owns 815,769 shares of the company’s stock valued at $19,791,000 after acquiring an additional 43,596 shares in the last quarter.
iShares Global REIT ETF Stock Down 0.6%
Shares of NYSEARCA:REET opened at $25.07 on Friday. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $26.54. The stock’s fifty day simple moving average is $25.26 and its 200-day simple moving average is $24.66. The company has a market capitalization of $3.92 billion, a P/E ratio of 29.27 and a beta of 0.93.
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.
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