ERn Financial LLC Reduces Holdings in iShares Global REIT ETF (NYSEARCA:REET)

ERn Financial LLC reduced its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 420,130 shares of the company’s stock after selling 7,318 shares during the period. iShares Global REIT ETF accounts for about 1.5% of ERn Financial LLC’s holdings, making the stock its 19th biggest position. ERn Financial LLC’s holdings in iShares Global REIT ETF were worth $10,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of REET. Northwestern Mutual Wealth Management Co. increased its position in iShares Global REIT ETF by 10.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock worth $107,274,000 after buying an additional 434,651 shares in the last quarter. Bank of Montreal Can increased its position in iShares Global REIT ETF by 4.0% during the 3rd quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock worth $75,834,000 after purchasing an additional 108,254 shares in the last quarter. Heritage Investment Group Inc. increased its position in iShares Global REIT ETF by 1.1% during the 3rd quarter. Heritage Investment Group Inc. now owns 1,510,328 shares of the company’s stock worth $40,311,000 after purchasing an additional 16,103 shares in the last quarter. PDS Planning Inc raised its stake in iShares Global REIT ETF by 8.9% in the 3rd quarter. PDS Planning Inc now owns 1,283,394 shares of the company’s stock valued at $34,254,000 after purchasing an additional 104,588 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in iShares Global REIT ETF by 71.5% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock valued at $25,838,000 after purchasing an additional 403,494 shares in the last quarter.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock opened at $23.68 on Thursday. The stock has a market capitalization of $3.61 billion, a P/E ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The firm’s 50-day moving average is $24.88 and its two-hundred day moving average is $25.27.

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.