Farther Finance Advisors LLC Takes $39,000 Position in iShares Global REIT ETF (NYSEARCA:REET)

Farther Finance Advisors LLC acquired a new position in iShares Global REIT ETF (NYSEARCA:REET) during the third quarter, HoldingsChannel.com reports. The fund acquired 1,455 shares of the company’s stock, valued at approximately $39,000.

Several other large investors also recently added to or reduced their stakes in REET. EverSource Wealth Advisors LLC lifted its holdings in shares of iShares Global REIT ETF by 1.7% in the first quarter. EverSource Wealth Advisors LLC now owns 27,617 shares of the company’s stock worth $611,000 after buying an additional 455 shares in the last quarter. Collective Family Office LLC boosted its holdings in shares of iShares Global REIT ETF by 0.7% during the 2nd quarter. Collective Family Office LLC now owns 81,610 shares of the company’s stock valued at $1,897,000 after purchasing an additional 547 shares during the last quarter. Corrigan Financial Inc. grew its position in shares of iShares Global REIT ETF by 0.3% during the third quarter. Corrigan Financial Inc. now owns 191,363 shares of the company’s stock valued at $5,107,000 after purchasing an additional 667 shares in the last quarter. McLean Asset Management Corp increased its holdings in shares of iShares Global REIT ETF by 3.9% in the second quarter. McLean Asset Management Corp now owns 21,747 shares of the company’s stock worth $512,000 after purchasing an additional 825 shares during the last quarter. Finally, RFP Financial Group LLC lifted its position in shares of iShares Global REIT ETF by 0.6% in the third quarter. RFP Financial Group LLC now owns 159,726 shares of the company’s stock worth $4,263,000 after buying an additional 878 shares in the last quarter.

iShares Global REIT ETF Price Performance

NYSEARCA:REET opened at $25.34 on Friday. The company has a market cap of $3.86 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 1 year low of $21.68 and a 1 year high of $27.24. The stock’s 50 day simple moving average is $26.22 and its two-hundred day simple moving average is $24.70.

iShares Global REIT ETF 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.