First National Advisers LLC Raises Holdings in iShares Global REIT ETF (NYSEARCA:REET)

First National Advisers LLC boosted its position in iShares Global REIT ETF (NYSEARCA:REET) by 34.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 58,100 shares of the company’s stock after buying an additional 14,800 shares during the period. First National Advisers LLC’s holdings in iShares Global REIT ETF were worth $1,393,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of REET. M&T Bank Corp increased its stake in iShares Global REIT ETF by 13.1% in the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock valued at $107,419,000 after purchasing an additional 520,038 shares in the last quarter. Nicola Wealth Management LTD. increased its stake in iShares Global REIT ETF by 57.0% in the 4th quarter. Nicola Wealth Management LTD. now owns 978,300 shares of the company’s stock valued at $23,450,000 after purchasing an additional 355,000 shares in the last quarter. BNP Paribas Financial Markets increased its stake in iShares Global REIT ETF by 157.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock valued at $13,797,000 after purchasing an additional 316,102 shares in the last quarter. Valmark Advisers Inc. grew its holdings in iShares Global REIT ETF by 5.5% during the 4th quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after buying an additional 294,000 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in iShares Global REIT ETF by 292.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 296,367 shares of the company’s stock valued at $7,104,000 after buying an additional 220,763 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of NYSEARCA:REET opened at $24.20 on Monday. The business’s fifty day moving average price is $24.37 and its two-hundred day moving average price is $25.26. The stock has a market cap of $3.75 billion, a PE ratio of 26.66 and a beta of 1.08. iShares Global REIT ETF has a one year low of $21.79 and a one year 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.