iShares Global REIT ETF $REET Stock Position Cut by Waldron Private Wealth LLC

Waldron Private Wealth LLC lessened its stake in iShares Global REIT ETF (NYSEARCA:REET) by 2.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 382,996 shares of the company’s stock after selling 8,497 shares during the period. Waldron Private Wealth LLC owned 0.24% of iShares Global REIT ETF worth $9,460,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Twelve Points Wealth Management LLC grew its position in iShares Global REIT ETF by 5.6% in the 2nd quarter. Twelve Points Wealth Management LLC now owns 20,235 shares of the company’s stock valued at $500,000 after buying an additional 1,068 shares in the last quarter. AdvisorNet Financial Inc grew its position in iShares Global REIT ETF by 15.9% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock valued at $103,000 after buying an additional 573 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in iShares Global REIT ETF by 2.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock valued at $547,000 after buying an additional 557 shares in the last quarter. Simplicity Wealth LLC grew its position in iShares Global REIT ETF by 19.9% in the 2nd quarter. Simplicity Wealth LLC now owns 33,293 shares of the company’s stock valued at $822,000 after buying an additional 5,530 shares in the last quarter. Finally, Focus Partners Wealth grew its position in iShares Global REIT ETF by 202.4% in the 1st quarter. Focus Partners Wealth now owns 234,830 shares of the company’s stock valued at $5,697,000 after buying an additional 157,181 shares in the last quarter.

iShares Global REIT ETF Stock Up 0.2%

Shares of REET opened at $25.93 on Friday. The firm has a 50-day moving average price of $25.43 and a 200 day moving average price of $24.83. The firm has a market capitalization of $4.09 billion, a PE ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $26.54.

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.