First Citizens Bank & Trust Co. Sells 26,936 Shares of iShares Global REIT ETF (NYSEARCA:REET)

First Citizens Bank & Trust Co. decreased its position in iShares Global REIT ETF (NYSEARCA:REET) by 49.8% during the third quarter, HoldingsChannel.com reports. The fund owned 27,142 shares of the company’s stock after selling 26,936 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Global REIT ETF were worth $724,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in REET. PNC Financial Services Group Inc. increased its stake in iShares Global REIT ETF by 36.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 32,302 shares of the company’s stock worth $781,000 after acquiring an additional 8,621 shares during the last quarter. DGS Capital Management LLC increased its stake in iShares Global REIT ETF by 13.7% in the 1st quarter. DGS Capital Management LLC now owns 16,520 shares of the company’s stock worth $391,000 after acquiring an additional 1,987 shares during the last quarter. ERn Financial LLC increased its position in shares of iShares Global REIT ETF by 16.2% during the 1st quarter. ERn Financial LLC now owns 397,624 shares of the company’s stock valued at $9,416,000 after purchasing an additional 55,571 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Global REIT ETF by 93.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 767,016 shares of the company’s stock valued at $18,163,000 after purchasing an additional 371,334 shares during the last quarter. Finally, 180 Wealth Advisors LLC increased its position in shares of iShares Global REIT ETF by 2.5% during the 1st quarter. 180 Wealth Advisors LLC now owns 29,092 shares of the company’s stock valued at $689,000 after purchasing an additional 712 shares during the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA REET opened at $26.47 on Monday. The company has a market cap of $4.03 billion, a P/E ratio of 19.98 and a beta of 0.92. The business’s 50 day moving average price is $26.16 and its 200-day moving average price is $24.30. iShares Global REIT ETF has a fifty-two week low of $19.69 and a fifty-two week 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.