Diversify Advisory Services LLC Purchases New Position in iShares Global REIT ETF (NYSEARCA:REET)

Diversify Advisory Services LLC acquired a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the third quarter, according to its most recent filing with the SEC. The fund acquired 8,674 shares of the company’s stock, valued at approximately $226,000.

A number of other hedge funds have also bought and sold shares of REET. Silver Lake Advisory LLC bought a new position in shares of iShares Global REIT ETF in the second quarter worth $269,000. Valmark Advisers Inc. lifted its holdings in iShares Global REIT ETF by 6.5% during the 2nd quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock worth $127,717,000 after purchasing an additional 337,372 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in iShares Global REIT ETF by 9.6% during the 2nd quarter. Aptus Capital Advisors LLC now owns 13,900 shares of the company’s stock worth $323,000 after purchasing an additional 1,221 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in iShares Global REIT ETF in the 2nd quarter worth about $104,000. Finally, Arkos Global Advisors grew its holdings in iShares Global REIT ETF by 2.6% during the 2nd quarter. Arkos Global Advisors now owns 124,945 shares of the company’s stock valued at $2,905,000 after buying an additional 3,148 shares in the last quarter.

iShares Global REIT ETF Trading Down 0.9 %

Shares of iShares Global REIT ETF stock opened at $25.29 on Friday. The company’s 50-day moving average price is $26.29 and its 200-day moving average price is $24.49. iShares Global REIT ETF has a 12-month low of $20.68 and a 12-month high of $27.24. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.

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.