Raymond James & Associates Sells 4,643 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Raymond James & Associates lessened its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 12.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 33,312 shares of the company’s stock after selling 4,643 shares during the period. Raymond James & Associates’ holdings in iShares Global REIT ETF were worth $805,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in REET. AE Wealth Management LLC boosted its stake in iShares Global REIT ETF by 7.1% in the 3rd quarter. AE Wealth Management LLC now owns 164,235 shares of the company’s stock worth $3,477,000 after purchasing an additional 10,932 shares during the period. Alhambra Investment Partners LLC boosted its stake in iShares Global REIT ETF by 6.2% during the third quarter. Alhambra Investment Partners LLC now owns 196,562 shares of the company’s stock worth $4,161,000 after buying an additional 11,402 shares during the period. UMB Bank n.a. raised its position in iShares Global REIT ETF by 1,339.6% in the 3rd quarter. UMB Bank n.a. now owns 2,001 shares of the company’s stock worth $42,000 after purchasing an additional 1,862 shares during the period. Morton Brown Family Wealth LLC grew its position in iShares Global REIT ETF by 9.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 325,273 shares of the company’s stock valued at $6,886,000 after acquiring an additional 28,330 shares during the last quarter. Finally, Cardinal Point Capital Management ULC lifted its holdings in iShares Global REIT ETF by 2.4% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 37,020 shares of the company’s stock valued at $794,000 after buying an additional 870 shares in the last quarter.

iShares Global REIT ETF Stock Up 0.8 %

Shares of NYSEARCA REET opened at $22.16 on Tuesday. iShares Global REIT ETF has a twelve month low of $19.69 and a twelve month high of $24.65. The business has a fifty day simple moving average of $23.11 and a two-hundred day simple moving average of $22.72. The firm has a market cap of $3.38 billion, a PE 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.