Wealth Alliance Acquires New Shares in iShares Global REIT ETF (NYSEARCA:REET)

Wealth Alliance acquired a new stake in shares of iShares Global REIT ETF (NYSEARCA:REET) in the fourth quarter, HoldingsChannel reports. The fund acquired 13,352 shares of the company’s stock, valued at approximately $323,000.

Other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont acquired a new stake in shares of iShares Global REIT ETF in the third quarter worth about $26,000. UMB Bank n.a. lifted its position in shares of iShares Global REIT ETF by 1,339.6% in the third quarter. UMB Bank n.a. now owns 2,001 shares of the company’s stock worth $42,000 after buying an additional 1,862 shares during the last quarter. BNP Paribas Arbitrage SA acquired a new stake in shares of iShares Global REIT ETF in the first quarter worth about $82,000. Retirement Group LLC acquired a new stake in shares of iShares Global REIT ETF in the fourth quarter worth about $75,000. Finally, Captrust Financial Advisors lifted its position in shares of iShares Global REIT ETF by 74.5% in the first quarter. Captrust Financial Advisors now owns 3,412 shares of the company’s stock worth $100,000 after buying an additional 1,457 shares during the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA REET opened at $21.89 on Friday. iShares Global REIT ETF has a twelve month low of $19.69 and a twelve month high of $24.65. The stock has a market capitalization of $3.34 billion, a PE ratio of 19.38 and a beta of 0.92. The stock has a 50-day simple moving average of $23.15 and a 200 day simple moving average of $22.67.

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.