Emerald Advisors LLC Has $1.91 Million Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Emerald Advisors LLC lowered its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 79,547 shares of the company’s stock after selling 1,053 shares during the quarter. iShares Global REIT ETF comprises 0.3% of Emerald Advisors LLC’s holdings, making the stock its 19th biggest position. Emerald Advisors LLC owned 0.05% of iShares Global REIT ETF worth $1,907,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Valmark Advisers Inc. grew its position in iShares Global REIT ETF by 5.5% during the fourth quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock worth $135,321,000 after buying an additional 294,000 shares in the last quarter. Bank of Montreal Can raised its holdings in iShares Global REIT ETF by 4.0% in the 3rd quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock valued at $75,834,000 after acquiring an additional 108,254 shares in the last quarter. Heritage Investment Group Inc. lifted its position in shares of 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 valued at $40,311,000 after acquiring an additional 16,103 shares during the period. PDS Planning Inc grew its holdings in shares of iShares Global REIT ETF by 8.9% during the 3rd quarter. PDS Planning Inc now owns 1,283,394 shares of the company’s stock worth $34,254,000 after purchasing an additional 104,588 shares in the last quarter. Finally, Diversified Portfolios Inc. increased its position in shares of iShares Global REIT ETF by 7.7% in the fourth quarter. Diversified Portfolios Inc. now owns 772,173 shares of the company’s stock worth $18,509,000 after purchasing an additional 55,482 shares during the period.

iShares Global REIT ETF Stock Down 0.2 %

REET stock opened at $24.78 on Thursday. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The business has a 50-day simple moving average of $24.21 and a 200 day simple moving average of $25.32. The company has a market cap of $3.78 billion, a PE 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.