Valmark Advisers Inc. Has $119.07 Million Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Valmark Advisers Inc. cut its stake in iShares Global REIT ETF (NYSEARCA:REET) by 0.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,924,195 shares of the company’s stock after selling 3,926 shares during the period. iShares Global REIT ETF makes up 2.2% of Valmark Advisers Inc.’s holdings, making the stock its 14th largest position. Valmark Advisers Inc. owned approximately 3.59% of iShares Global REIT ETF worth $119,067,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in REET. Bailard Inc. boosted its stake in shares of iShares Global REIT ETF by 3.4% during the 4th quarter. Bailard Inc. now owns 293,077 shares of the company’s stock worth $7,087,000 after buying an additional 9,600 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of iShares Global REIT ETF by 1.0% during the 4th quarter. Larson Financial Group LLC now owns 617,187 shares of the company’s stock worth $14,924,000 after buying an additional 6,154 shares during the last quarter. PDS Planning Inc boosted its stake in shares of iShares Global REIT ETF by 16.2% during the 4th quarter. PDS Planning Inc now owns 1,095,096 shares of the company’s stock worth $26,479,000 after buying an additional 152,929 shares during the last quarter. SC&H Financial Advisors Inc. boosted its stake in shares of iShares Global REIT ETF by 18.4% during the 4th quarter. SC&H Financial Advisors Inc. now owns 115,006 shares of the company’s stock worth $2,781,000 after buying an additional 17,837 shares during the last quarter. Finally, Heritage Investment Group Inc. boosted its stake in shares of iShares Global REIT ETF by 1,484.2% during the 4th quarter. Heritage Investment Group Inc. now owns 1,383,756 shares of the company’s stock worth $33,459,000 after buying an additional 1,296,406 shares during the last quarter.

iShares Global REIT ETF Trading Up 0.2 %

Shares of iShares Global REIT ETF stock traded up $0.05 during trading hours on Friday, reaching $22.26. 361,293 shares of the company’s stock were exchanged, compared to its average volume of 676,278. The company has a 50 day moving average of $23.05 and a two-hundred day moving average of $22.75. iShares Global REIT ETF has a fifty-two week low of $19.69 and a fifty-two week high of $24.65. The stock has a market cap of $3.40 billion, a P/E ratio of 18.85 and a beta of 0.91.

About iShares Global REIT ETF

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.