Cahaba Wealth Management Inc. Decreases Position in iShares Global REIT ETF (NYSEARCA:REET)

Cahaba Wealth Management Inc. decreased its position in iShares Global REIT ETF (NYSEARCA:REET) by 4.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,045,691 shares of the company’s stock after selling 49,866 shares during the quarter. iShares Global REIT ETF comprises 4.2% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 6th largest holding. Cahaba Wealth Management Inc.’s holdings in iShares Global REIT ETF were worth $28,662,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Citigroup Inc. boosted its holdings in iShares Global REIT ETF by 0.7% in the second quarter. Citigroup Inc. now owns 5,267,105 shares of the company’s stock valued at $146,004,000 after acquiring an additional 37,372 shares during the last quarter. Morgan Stanley lifted its stake in iShares Global REIT ETF by 133.5% in the second quarter. Morgan Stanley now owns 4,289,227 shares of the company’s stock valued at $118,897,000 after buying an additional 2,452,521 shares during the period. Wells Fargo & Company MN lifted its stake in iShares Global REIT ETF by 1.6% in the second quarter. Wells Fargo & Company MN now owns 1,581,846 shares of the company’s stock valued at $43,849,000 after buying an additional 24,836 shares during the period. Bank of Montreal Can acquired a new position in iShares Global REIT ETF in the second quarter valued at about $36,649,000. Finally, Savant Capital LLC lifted its stake in iShares Global REIT ETF by 1.7% in the second quarter. Savant Capital LLC now owns 1,235,305 shares of the company’s stock valued at $34,243,000 after buying an additional 20,966 shares during the period.

NYSEARCA:REET opened at $29.14 on Friday. iShares Global REIT ETF has a 1-year low of $22.95 and a 1-year high of $29.90. The business’s 50-day moving average price is $28.89 and its two-hundred day moving average price is $28.57.

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Institutional Ownership by Quarter for iShares Global REIT ETF (NYSEARCA:REET)

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