LPL Financial LLC Raises Position in iShares Global REIT ETF (NYSEARCA:REET)

LPL Financial LLC raised its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 42.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,494,856 shares of the company’s stock after buying an additional 445,910 shares during the period. LPL Financial LLC’s holdings in iShares Global REIT ETF were worth $35,832,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of REET. FMR LLC lifted its stake in shares of iShares Global REIT ETF by 391.4% in the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after acquiring an additional 1,088 shares during the last quarter. SRS Capital Advisors Inc. bought a new stake in iShares Global REIT ETF in the fourth quarter valued at approximately $51,000. Heck Capital Advisors LLC purchased a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at approximately $62,000. Trust Co. of Vermont grew its holdings in shares of iShares Global REIT ETF by 151.1% in the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock worth $93,000 after purchasing an additional 2,336 shares during the last quarter. Finally, Breakwater Investment Management increased its stake in shares of iShares Global REIT ETF by 12.1% in the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock worth $122,000 after buying an additional 551 shares during the period.

iShares Global REIT ETF Price Performance

NYSEARCA:REET opened at $24.13 on Friday. The firm has a market capitalization of $3.77 billion, a P/E ratio of 26.39 and a beta of 1.08. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The company has a fifty day moving average of $24.48 and a 200 day moving average of $25.14.

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.