iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by SageView Advisory Group LLC

SageView Advisory Group LLC decreased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 16.3% in the 3rd quarter, Holdings Channel reports. The firm owned 1,916,714 shares of the company’s stock after selling 371,956 shares during the quarter. iShares Global REIT ETF comprises about 2.6% of SageView Advisory Group LLC’s investment portfolio, making the stock its 8th biggest holding. SageView Advisory Group LLC’s holdings in iShares Global REIT ETF were worth $51,157,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Corrigan Financial Inc. lifted its holdings in iShares Global REIT ETF by 0.3% in the third quarter. Corrigan Financial Inc. now owns 191,363 shares of the company’s stock worth $5,107,000 after acquiring an additional 667 shares during the last quarter. Captrust Financial Advisors raised its position in shares of iShares Global REIT ETF by 3.5% during the 3rd quarter. Captrust Financial Advisors now owns 20,317 shares of the company’s stock worth $542,000 after purchasing an additional 685 shares during the period. Prime Capital Investment Advisors LLC lifted its holdings in shares of iShares Global REIT ETF by 6.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 13,058 shares of the company’s stock worth $349,000 after purchasing an additional 759 shares during the last quarter. McLean Asset Management Corp boosted its position in iShares Global REIT ETF by 3.9% during the 2nd quarter. McLean Asset Management Corp now owns 21,747 shares of the company’s stock valued at $512,000 after purchasing an additional 825 shares during the period. Finally, RFP Financial Group LLC grew its stake in iShares Global REIT ETF by 0.6% during the 3rd quarter. RFP Financial Group LLC now owns 159,726 shares of the company’s stock worth $4,263,000 after buying an additional 878 shares during the last quarter.

iShares Global REIT ETF Stock Performance

REET stock opened at $25.75 on Thursday. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. The stock’s fifty day moving average is $25.96 and its two-hundred day moving average is $25.01.

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.