Fiduciary Financial Group LLC Increases Stake in iShares Global REIT ETF (NYSEARCA:REET)

Fiduciary Financial Group LLC boosted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 6.3% during the 4th quarter, Holdings Channel reports. The firm owned 128,038 shares of the company’s stock after acquiring an additional 7,612 shares during the quarter. Fiduciary Financial Group LLC’s holdings in iShares Global REIT ETF were worth $2,976,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of REET. FMR LLC grew its holdings in shares of iShares Global REIT ETF by 391.4% during the third quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after buying an additional 1,088 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in iShares Global REIT ETF during the 3rd quarter valued at about $39,000. Matrix Trust Co acquired a new position in shares of iShares Global REIT ETF in the third quarter valued at about $131,000. ORG Wealth Partners LLC acquired a new position in shares of iShares Global REIT ETF in the third quarter valued at about $135,000. Finally, Empower Advisory Group LLC purchased a new position in shares of iShares Global REIT ETF in the third quarter worth about $205,000.

iShares Global REIT ETF Stock Up 0.7 %

Shares of NYSEARCA REET opened at $23.59 on Wednesday. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The business’s 50 day moving average price is $24.91 and its 200 day moving average price is $25.28. The firm has a market cap of $3.59 billion, a P/E ratio of 19.98 and a beta of 0.92.

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.