HighTower Advisors LLC boosted its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 15.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,133,499 shares of the company’s stock after purchasing an additional 150,698 shares during the period. HighTower Advisors LLC owned approximately 0.87% of iShares Global REIT ETF worth $25,998,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. First PREMIER Bank purchased a new stake in shares of iShares Global REIT ETF in the first quarter valued at about $56,000. ZRC Wealth Management LLC purchased a new stake in shares of iShares Global REIT ETF in the first quarter valued at about $74,000. Retirement Group LLC purchased a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at about $75,000. BNP Paribas Arbitrage SA purchased a new stake in shares of iShares Global REIT ETF in the first quarter valued at about $82,000. Finally, Captrust Financial Advisors boosted its holdings in iShares Global REIT ETF by 74.5% during 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 in the last quarter.
iShares Global REIT ETF Trading Up 0.5 %
REET stock opened at $23.09 on Thursday. The company has a market cap of $3.16 billion, a P/E ratio of 18.16 and a beta of 0.93. iShares Global REIT ETF has a 52 week low of $20.04 and a 52 week high of $25.72. The company’s 50-day moving average price is $23.13 and its 200 day moving average price is $23.01.
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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