Raymond James Financial Inc. Takes Position in iShares Global REIT ETF (NYSEARCA:REET)

Raymond James Financial Inc. purchased a new position in iShares Global REIT ETF (NYSEARCA:REET) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 89,902 shares of the company’s stock, valued at approximately $2,155,000. Raymond James Financial Inc. owned 0.06% of iShares Global REIT ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. FMR LLC raised its position 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 worth $36,000 after purchasing an additional 1,088 shares during the last quarter. BNP Paribas Financial Markets increased its stake in iShares Global REIT ETF by 157.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock valued at $13,797,000 after purchasing an additional 316,102 shares in the last quarter. Captrust Financial Advisors raised its holdings in iShares Global REIT ETF by 3.5% in the third quarter. Captrust Financial Advisors now owns 20,317 shares of the company’s stock worth $542,000 after buying an additional 685 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of iShares Global REIT ETF by 8.5% in the third quarter. Stifel Financial Corp now owns 10,349 shares of the company’s stock worth $276,000 after buying an additional 814 shares in the last quarter. Finally, Insigneo Advisory Services LLC grew its holdings in shares of iShares Global REIT ETF by 14.8% during the third quarter. Insigneo Advisory Services LLC now owns 33,752 shares of the company’s stock valued at $901,000 after buying an additional 4,348 shares during the last quarter.

iShares Global REIT ETF Price Performance

REET opened at $24.13 on Monday. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 26.39 and a beta of 1.08. The firm has a 50 day moving average price of $24.48 and a 200-day moving average price of $25.12. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24.

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.