Valmark Advisers Inc. Has $162.97 Million Holdings in iShares Global REIT ETF $REET

Valmark Advisers Inc. increased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 3.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,480,035 shares of the company’s stock after acquiring an additional 196,864 shares during the quarter. iShares Global REIT ETF comprises about 1.9% of Valmark Advisers Inc.’s investment portfolio, making the stock its 13th largest holding. Valmark Advisers Inc. owned approximately 3.70% of iShares Global REIT ETF worth $162,973,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of REET. SHP Wealth Management acquired a new position in shares of iShares Global REIT ETF during the 4th quarter worth approximately $25,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $26,000. Mascoma Wealth Management LLC acquired a new stake in shares of iShares Global REIT ETF in the first quarter valued at approximately $33,000. EFG International AG bought a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $50,000. Finally, Operose Advisors LLC boosted its stake in shares of iShares Global REIT ETF by 211.1% in the fourth quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after buying an additional 1,440 shares during the period.

iShares Global REIT ETF Price Performance

NYSEARCA:REET traded up $0.06 during trading hours on Friday, reaching $27.81. 2,505,129 shares of the company were exchanged, compared to its average volume of 2,084,305. The company has a market capitalization of $4.93 billion, a P/E ratio of 29.27 and a beta of 0.92. iShares Global REIT ETF has a 1-year low of $24.28 and a 1-year high of $28.26. The business has a 50 day moving average of $27.44 and a 200 day moving average of $26.51.

iShares Global REIT ETF Company 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.