Steward Partners Investment Advisory LLC Buys 4,914 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Steward Partners Investment Advisory LLC raised its stake in iShares Global REIT ETF (NYSEARCA:REET) by 1,800.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,187 shares of the company’s stock after acquiring an additional 4,914 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares Global REIT ETF were worth $124,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BNP Paribas Financial Markets grew its position 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 during the last quarter. Valmark Advisers Inc. grew its holdings in shares of iShares Global REIT ETF by 5.5% during the fourth quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after buying an additional 294,000 shares during the last quarter. Money Design Co. Ltd. grew its holdings in shares of iShares Global REIT ETF by 64.2% during the fourth quarter. Money Design Co. Ltd. now owns 511,462 shares of the company’s stock valued at $12,183,000 after buying an additional 200,058 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at approximately $4,255,000. Finally, Apella Capital LLC purchased a new position in iShares Global REIT ETF in the 4th quarter worth approximately $2,633,000.

iShares Global REIT ETF Trading Up 1.6 %

REET stock opened at $24.20 on Monday. The stock has a market capitalization of $3.75 billion, a PE ratio of 26.66 and a beta of 1.08. The stock’s 50 day simple moving average is $24.37 and its 200 day simple moving average is $25.26. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24.

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.