BIP Wealth LLC Buys 24,718 Shares of iShares Global REIT ETF $REET

BIP Wealth LLC increased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 4.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 545,575 shares of the company’s stock after acquiring an additional 24,718 shares during the period. BIP Wealth LLC’s holdings in iShares Global REIT ETF were worth $14,065,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of REET. Polianta Ltd grew its stake in shares of iShares Global REIT ETF by 4.6% during the second quarter. Polianta Ltd now owns 4,427,000 shares of the company’s stock worth $122,273,000 after buying an additional 194,000 shares during the last quarter. SeedSafe Financial LLC purchased a new stake in shares of iShares Global REIT ETF during the 2nd quarter valued at $741,000. Trust Co. of Vermont purchased a new stake in iShares Global REIT ETF during the second quarter valued at about $857,000. Fiduciary Financial Group LLC grew its stake in iShares Global REIT ETF by 13.5% during the second quarter. Fiduciary Financial Group LLC now owns 239,851 shares of the company’s stock valued at $6,625,000 after acquiring an additional 28,551 shares in the last quarter. Finally, Morton Brown Family Wealth LLC lifted its holdings in shares of iShares Global REIT ETF by 4.1% during the 1st quarter. Morton Brown Family Wealth LLC now owns 491,027 shares of the company’s stock worth $12,349,000 after acquiring an additional 19,487 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of iShares Global REIT ETF stock opened at $26.14 on Friday. iShares Global REIT ETF has a 52-week low of $24.65 and a 52-week high of $29.06. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of 29.27 and a beta of 0.91. The company’s 50 day moving average price is $26.65 and its 200-day moving average price is $27.23.

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.