iShares Global REIT ETF (NYSEARCA:REET) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its stake in iShares Global REIT ETF (NYSEARCA:REET) by 292.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 296,367 shares of the company’s stock after purchasing an additional 220,763 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Global REIT ETF were worth $7,104,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in REET. FMR LLC boosted its holdings in shares of iShares Global REIT ETF by 391.4% in the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after purchasing an additional 1,088 shares during the last quarter. SRS Capital Advisors Inc. acquired a new position in shares of iShares Global REIT ETF in the 4th quarter valued at $51,000. Heck Capital Advisors LLC acquired a new position in shares of iShares Global REIT ETF in the 4th quarter valued at $62,000. Trust Co. of Vermont boosted its holdings in shares of iShares Global REIT ETF by 151.1% in the 4th quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after purchasing an additional 2,336 shares during the last quarter. Finally, Breakwater Investment Management boosted its holdings in shares of iShares Global REIT ETF by 12.1% in the 4th quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after purchasing an additional 551 shares during the last quarter.

iShares Global REIT ETF Stock Down 0.1 %

Shares of REET opened at $24.27 on Friday. The firm has a market cap of $3.76 billion, a PE ratio of 26.66 and a beta of 1.08. The company’s fifty day moving average is $24.42 and its two-hundred day moving average is $25.22. iShares Global REIT ETF has a fifty-two week low of $21.79 and a fifty-two week high of $27.24.

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.