AdvisorNet Financial Inc Has $103,000 Position in iShares Global REIT ETF $REET

AdvisorNet Financial Inc boosted its stake in iShares Global REIT ETF (NYSEARCA:REET) by 15.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,187 shares of the company’s stock after purchasing an additional 573 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares Global REIT ETF were worth $103,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Partners Capital Investment Group LLP grew its stake in shares of iShares Global REIT ETF by 62.5% in the 1st quarter. Partners Capital Investment Group LLP now owns 3,171,017 shares of the company’s stock valued at $76,929,000 after buying an additional 1,220,103 shares during the period. M&T Bank Corp boosted its holdings in iShares Global REIT ETF by 9.7% in the first quarter. M&T Bank Corp now owns 4,917,036 shares of the company’s stock worth $119,287,000 after acquiring an additional 435,670 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new stake in iShares Global REIT ETF in the first quarter valued at approximately $8,127,000. Amundi increased its holdings in shares of iShares Global REIT ETF by 83.3% during the first quarter. Amundi now owns 700,000 shares of the company’s stock valued at $16,597,000 after acquiring an additional 318,100 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Global REIT ETF by 6.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,880,660 shares of the company’s stock valued at $118,405,000 after acquiring an additional 311,477 shares in the last quarter.

iShares Global REIT ETF Stock Up 1.0%

Shares of REET opened at $25.40 on Friday. The business’s fifty day moving average is $25.18 and its 200 day moving average is $24.58. iShares Global REIT ETF has a 12-month low of $20.96 and a 12-month high of $26.84. The stock has a market cap of $4.01 billion, a P/E ratio of 29.27 and a beta of 0.93.

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.