Ameriprise Financial Inc. Raises Stake in iShares Global REIT ETF (NYSEARCA:REET)

Ameriprise Financial Inc. grew its stake in shares of iShares Global REIT ETF (NYSEARCA:REETFree Report) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,710 shares of the company’s stock after purchasing an additional 1,246 shares during the quarter. Ameriprise Financial Inc.’s holdings in iShares Global REIT ETF were worth $880,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in REET. Sava Infond d.o.o. purchased a new stake in iShares Global REIT ETF in the fourth quarter worth about $40,000. SRS Capital Advisors Inc. purchased a new stake in iShares Global REIT ETF in the fourth quarter worth about $51,000. Heck Capital Advisors LLC bought a new position in iShares Global REIT ETF in the fourth quarter worth about $62,000. Steward Partners Investment Advisory LLC raised its holdings in iShares Global REIT ETF by 1,800.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,187 shares of the company’s stock worth $124,000 after purchasing an additional 4,914 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in iShares Global REIT ETF by 57,930.0% in the fourth quarter. Allworth Financial LP now owns 5,803 shares of the company’s stock worth $140,000 after purchasing an additional 5,793 shares in the last quarter.

iShares Global REIT ETF Stock Performance

Shares of iShares Global REIT ETF stock opened at $24.93 on Tuesday. The company has a market capitalization of $3.93 billion, a PE ratio of 26.80 and a beta of 0.99. The company has a 50-day simple moving average of $23.90 and a two-hundred day simple moving average of $24.36. iShares Global REIT ETF has a one year low of $20.96 and a one year high of $27.24.

About iShares Global REIT ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Global REIT ETF (NYSEARCA:REET)

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