316,133 Shares of iShares Global REIT ETF $REET Purchased by Waldron Private Wealth LLC

Waldron Private Wealth LLC bought a new position in iShares Global REIT ETF (NYSEARCA:REET) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 316,133 shares of the company’s stock, valued at approximately $8,150,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC grew its holdings in iShares Global REIT ETF by 2.5% during the 3rd quarter. Diversify Advisory Services LLC now owns 15,897 shares of the company’s stock valued at $412,000 after buying an additional 392 shares in the last quarter. CoreCap Advisors LLC increased its stake in iShares Global REIT ETF by 14.4% in the 2nd quarter. CoreCap Advisors LLC now owns 4,867 shares of the company’s stock worth $134,000 after acquiring an additional 612 shares during the last quarter. FAS Wealth Partners Inc. raised its holdings in shares of iShares Global REIT ETF by 1.0% during the 1st quarter. FAS Wealth Partners Inc. now owns 78,630 shares of the company’s stock worth $1,978,000 after acquiring an additional 765 shares in the last quarter. Avant Financial Advisors LLC raised its holdings in shares of iShares Global REIT ETF by 6.5% during the 3rd quarter. Avant Financial Advisors LLC now owns 18,857 shares of the company’s stock worth $486,000 after acquiring an additional 1,155 shares in the last quarter. Finally, Valley National Advisers Inc. purchased a new stake in shares of iShares Global REIT ETF during the 3rd quarter worth approximately $31,000.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA REET traded down $0.07 during midday trading on Friday, reaching $26.95. 1,998,932 shares of the stock traded hands, compared to its average volume of 2,471,557. The stock has a market capitalization of $4.86 billion, a PE ratio of 29.27 and a beta of 0.90. iShares Global REIT ETF has a one year low of $24.65 and a one year high of $29.06. The company’s 50 day moving average is $26.37 and its 200 day moving average is $26.90.

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.