Empower Advisory Group LLC Makes New $277,000 Investment in iShares Global REIT ETF (NYSEARCA:REET)

Empower Advisory Group LLC bought a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,103 shares of the company’s stock, valued at approximately $277,000.

Several other institutional investors also recently modified their holdings of REET. BlackRock Inc. increased its stake in shares of iShares Global REIT ETF by 23.4% during the 1st quarter. BlackRock Inc. now owns 5,204,339 shares of the company’s stock worth $152,019,000 after purchasing an additional 987,459 shares during the last quarter. Savant Capital LLC lifted its position in shares of iShares Global REIT ETF by 50.9% during the 4th quarter. Savant Capital LLC now owns 2,567,651 shares of the company’s stock valued at $57,207,000 after buying an additional 866,125 shares during the last quarter. BIP Wealth LLC bought a new position in shares of iShares Global REIT ETF during the 1st quarter worth $14,160,000. Cetera Advisor Networks LLC increased its holdings in iShares Global REIT ETF by 4,888.5% in the 4th quarter. Cetera Advisor Networks LLC now owns 548,931 shares of the company’s stock worth $12,466,000 after acquiring an additional 537,927 shares during the last quarter. Finally, Citadel Advisors LLC raised its stake in iShares Global REIT ETF by 1,456.3% in the 2nd quarter. Citadel Advisors LLC now owns 548,473 shares of the company’s stock valued at $13,262,000 after acquiring an additional 513,231 shares during the period.

iShares Global REIT ETF Stock Down 0.4 %

NYSEARCA REET opened at $22.75 on Friday. The company has a market cap of $3.12 billion, a PE ratio of 18.16 and a beta of 0.93. The firm’s 50-day simple moving average is $23.11 and its two-hundred day simple moving average is $22.89. iShares Global REIT ETF has a 52 week low of $20.04 and a 52 week high of $25.72.

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.