Commonwealth Equity Services LLC Increases Position in iShares Global REIT ETF (NYSEARCA:REET)

Commonwealth Equity Services LLC grew its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 292.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 296,367 shares of the company’s stock after buying an additional 220,763 shares during the period. Commonwealth Equity Services LLC owned 0.19% of iShares Global REIT ETF worth $7,104,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC increased its holdings in iShares Global REIT ETF by 391.4% in 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 in the last quarter. SRS Capital Advisors Inc. purchased a new position in iShares Global REIT ETF in the fourth quarter valued at about $51,000. Heck Capital Advisors LLC acquired a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $62,000. Trust Co. of Vermont grew its position in shares of iShares Global REIT ETF by 151.1% in the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after purchasing an additional 2,336 shares during the last quarter. Finally, Breakwater Investment Management grew its position in shares of iShares Global REIT ETF by 12.1% in the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after purchasing an additional 551 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of NYSEARCA REET opened at $24.27 on Friday. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The firm’s 50 day moving average price is $24.42 and its 200 day moving average price is $25.22. The firm has a market cap of $3.76 billion, a P/E ratio of 26.66 and a beta of 1.08.

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.