Nicola Wealth Management LTD. Acquires 355,000 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Nicola Wealth Management LTD. raised its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 57.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 978,300 shares of the company’s stock after purchasing an additional 355,000 shares during the period. iShares Global REIT ETF makes up about 2.5% of Nicola Wealth Management LTD.’s portfolio, making the stock its 11th largest holding. Nicola Wealth Management LTD. owned approximately 0.64% of iShares Global REIT ETF worth $23,450,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of REET. FMR LLC boosted its holdings in 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 period. Farther Finance Advisors LLC bought a new stake in iShares Global REIT ETF in the 3rd quarter valued at about $39,000. SRS Capital Advisors Inc. bought a new stake in shares of iShares Global REIT ETF during the 4th quarter worth approximately $51,000. Heck Capital Advisors LLC bought a new stake in shares of iShares Global REIT ETF during the 4th quarter worth approximately $62,000. Finally, Trust Co. of Vermont lifted its holdings in shares of iShares Global REIT ETF by 151.1% during the 4th quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock worth $93,000 after acquiring an additional 2,336 shares during the period.

iShares Global REIT ETF Trading Up 0.3 %

Shares of iShares Global REIT ETF stock opened at $25.07 on Tuesday. The company has a 50 day moving average of $24.29 and a 200-day moving average of $25.33. iShares Global REIT ETF has a 1-year low of $21.79 and a 1-year high of $27.24. The company has a market cap of $3.88 billion, a PE ratio of 28.31 and a beta of 1.07.

iShares Global REIT ETF 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.