Ballentine Partners LLC Sells 531 Shares of iShares Global REIT ETF $REET

Ballentine Partners LLC trimmed its stake in iShares Global REIT ETF (NYSEARCA:REET) by 4.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,714 shares of the company’s stock after selling 531 shares during the period. Ballentine Partners LLC’s holdings in iShares Global REIT ETF were worth $265,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Valmark Advisers Inc. raised its position in iShares Global REIT ETF by 1.2% in the 1st quarter. Valmark Advisers Inc. now owns 5,714,409 shares of the company’s stock valued at $138,632,000 after purchasing an additional 68,963 shares during the last quarter. M&T Bank Corp raised its stake in shares of iShares Global REIT ETF by 9.7% during the first quarter. M&T Bank Corp now owns 4,917,036 shares of the company’s stock worth $119,287,000 after buying an additional 435,670 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Global REIT ETF by 6.8% in 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 buying an additional 311,477 shares during the period. Partners Capital Investment Group LLP lifted its holdings in iShares Global REIT ETF by 62.5% in the first 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. Finally, SageView Advisory Group LLC boosted its stake in iShares Global REIT ETF by 12.0% in the first quarter. SageView Advisory Group LLC now owns 2,663,387 shares of the company’s stock valued at $64,614,000 after acquiring an additional 285,627 shares during the last quarter.

iShares Global REIT ETF Trading Up 1.0%

Shares of REET opened at $25.40 on Monday. The stock has a market cap of $4.01 billion, a P/E ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a 1 year low of $20.96 and a 1 year high of $26.84. The stock’s 50-day moving average price is $25.18 and its two-hundred day moving average price is $24.59.

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.