Focus Partners Advisor Solutions LLC Decreases Position in iShares Global REIT ETF $REET

Focus Partners Advisor Solutions LLC lessened its stake in iShares Global REIT ETF (NYSEARCA:REET) by 84.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,208 shares of the company’s stock after selling 70,866 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares Global REIT ETF were worth $337,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Jane Street Group LLC purchased a new stake in iShares Global REIT ETF in the second quarter worth $24,090,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of iShares Global REIT ETF by 73.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock valued at $45,912,000 after buying an additional 758,228 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares Global REIT ETF by 42.1% during the 2nd quarter. Bank of America Corp DE now owns 1,053,734 shares of the company’s stock valued at $26,027,000 after buying an additional 312,423 shares during the last quarter. SageView Advisory Group LLC grew its stake in shares of iShares Global REIT ETF by 10.8% during the 2nd quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock worth $73,025,000 after acquiring an additional 288,303 shares during the period. Finally, Valmark Advisers Inc. grew its stake in shares of iShares Global REIT ETF by 3.9% during the 3rd quarter. Valmark Advisers Inc. now owns 6,045,409 shares of the company’s stock worth $154,521,000 after acquiring an additional 228,415 shares during the period.

iShares Global REIT ETF Stock Performance

Shares of iShares Global REIT ETF stock opened at $26.39 on Tuesday. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $27.44. The stock’s 50-day simple moving average is $26.07 and its 200 day simple moving average is $25.59. The stock has a market capitalization of $4.59 billion, a P/E ratio of 29.27 and a beta of 0.99.

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.