iShares Global REIT ETF (NYSEARCA:REET) Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC raised its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,801 shares of the company’s stock after purchasing an additional 1,825 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Global REIT ETF were worth $427,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of REET. M&T Bank Corp grew its stake in iShares Global REIT ETF by 13.1% during the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock valued at $107,419,000 after purchasing an additional 520,038 shares in the last quarter. Nicola Wealth Management LTD. grew its stake in iShares Global REIT ETF by 57.0% during the 4th quarter. Nicola Wealth Management LTD. now owns 978,300 shares of the company’s stock valued at $23,450,000 after purchasing an additional 355,000 shares in the last quarter. BNP Paribas Financial Markets grew 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. Valmark Advisers Inc. grew its stake in iShares Global REIT ETF by 5.5% during the 4th quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after purchasing an additional 294,000 shares in the last quarter. Finally, Money Design Co. Ltd. grew its stake in iShares Global REIT ETF by 64.2% during the 4th quarter. Money Design Co. Ltd. now owns 511,462 shares of the company’s stock valued at $12,183,000 after purchasing an additional 200,058 shares in the last quarter.

iShares Global REIT ETF Stock Down 1.2 %

Shares of NYSEARCA REET opened at $24.37 on Tuesday. The firm has a market cap of $3.77 billion, a PE ratio of 28.31 and a beta of 1.07. The business has a 50 day moving average price of $24.36 and a two-hundred day moving average price of $25.31. iShares Global REIT ETF has a fifty-two week low of $21.79 and a fifty-two week 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.