Bailard Inc. Reduces Stake in iShares Global REIT ETF $REET

Bailard Inc. lowered its position in iShares Global REIT ETF (NYSEARCA:REET) by 20.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 242,428 shares of the company’s stock after selling 60,692 shares during the period. Bailard Inc.’s holdings in iShares Global REIT ETF were worth $6,049,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of REET. International Assets Investment Management LLC purchased a new stake in iShares Global REIT ETF in the 4th quarter worth approximately $26,000. Westfuller Advisors LLC purchased a new stake in iShares Global REIT ETF in the 3rd quarter worth approximately $58,000. CoreCap Advisors LLC boosted its position in iShares Global REIT ETF by 27,800.0% in the 3rd quarter. CoreCap Advisors LLC now owns 2,511 shares of the company’s stock worth $64,000 after purchasing an additional 2,502 shares in the last quarter. United Financial Planning Group LLC purchased a new stake in iShares Global REIT ETF in the 3rd quarter worth approximately $64,000. Finally, Triumph Capital Management purchased a new stake in iShares Global REIT ETF in the 3rd quarter worth approximately $91,000.

iShares Global REIT ETF Price Performance

Shares of REET stock opened at $27.39 on Wednesday. The company has a market cap of $4.80 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. The stock has a 50 day simple moving average of $26.36 and a 200-day simple moving average of $25.86. iShares Global REIT ETF has a 1-year low of $23.98 and a 1-year high of $27.66.

iShares Global REIT ETF Profile

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.