Aire Advisors LLC Has $322,000 Holdings in iShares Global REIT ETF $REET

Aire Advisors LLC lifted its stake in iShares Global REIT ETF (NYSEARCA:REET) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,050 shares of the company’s stock after buying an additional 510 shares during the period. Aire Advisors LLC’s holdings in iShares Global REIT ETF were worth $322,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of REET. Farther Finance Advisors LLC grew its position in iShares Global REIT ETF by 231.7% during the 1st quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock worth $117,000 after acquiring an additional 3,371 shares during the last quarter. Accelerate Investment Advisors LLC grew its position in iShares Global REIT ETF by 8.7% during the 1st quarter. Accelerate Investment Advisors LLC now owns 38,711 shares of the company’s stock worth $939,000 after acquiring an additional 3,101 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in iShares Global REIT ETF by 2.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock worth $547,000 after acquiring an additional 557 shares during the last quarter. Diversified Portfolios Inc. grew its position in iShares Global REIT ETF by 5.6% during the 1st quarter. Diversified Portfolios Inc. now owns 815,769 shares of the company’s stock worth $19,791,000 after acquiring an additional 43,596 shares during the last quarter. Finally, Valmark Advisers Inc. grew its position in iShares Global REIT ETF by 1.2% during the 1st quarter. Valmark Advisers Inc. now owns 5,714,409 shares of the company’s stock worth $138,632,000 after acquiring an additional 68,963 shares during the last quarter.

iShares Global REIT ETF Price Performance

NYSEARCA REET opened at $25.49 on Thursday. The firm has a market cap of $4.00 billion, a PE ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a one year low of $20.96 and a one year high of $26.54. The stock’s 50 day simple moving average is $25.30 and its 200 day simple moving average is $24.68.

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.