Cerity Partners LLC Cuts Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Cerity Partners LLC lowered its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 13.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 294,066 shares of the company’s stock after selling 46,531 shares during the quarter. Cerity Partners LLC’s holdings in iShares Global REIT ETF were worth $7,111,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of REET. Trust Co. of Vermont purchased a new stake in iShares Global REIT ETF in the third quarter valued at about $26,000. UMB Bank n.a. increased its holdings in shares of iShares Global REIT ETF by 1,339.6% during the third quarter. UMB Bank n.a. now owns 2,001 shares of the company’s stock valued at $42,000 after acquiring an additional 1,862 shares in the last quarter. BNP Paribas Arbitrage SA purchased a new position in shares of iShares Global REIT ETF in the 1st quarter valued at approximately $82,000. Retirement Group LLC acquired a new stake in iShares Global REIT ETF in the 4th quarter worth approximately $75,000. Finally, Captrust Financial Advisors grew its position in iShares Global REIT ETF by 74.5% during the 1st quarter. Captrust Financial Advisors now owns 3,412 shares of the company’s stock worth $100,000 after purchasing an additional 1,457 shares during the last quarter.

iShares Global REIT ETF Trading Down 1.4 %

Shares of iShares Global REIT ETF stock opened at $22.23 on Tuesday. iShares Global REIT ETF has a 12-month low of $19.69 and a 12-month high of $24.65. The firm’s 50 day simple moving average is $23.23 and its two-hundred day simple moving average is $22.68. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 19.38 and a beta of 0.92.

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.