World Investment Advisors Sells 294,677 Shares of iShares Global REIT ETF $REET

World Investment Advisors cut its position in iShares Global REIT ETF (NYSEARCA:REET) by 92.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,777 shares of the company’s stock after selling 294,677 shares during the quarter. World Investment Advisors’ holdings in iShares Global REIT ETF were worth $648,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Morton Brown Family Wealth LLC boosted its position 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 in the last quarter. Boston Standard Wealth Management LLC raised its position in iShares Global REIT ETF by 1.8% during the first quarter. Boston Standard Wealth Management LLC now owns 676,301 shares of the company’s stock valued at $17,154,000 after purchasing an additional 11,657 shares in the last quarter. Factor Wealth Management LTD raised its position in iShares Global REIT ETF by 19.6% during the first quarter. Factor Wealth Management LTD now owns 93,955 shares of the company’s stock valued at $2,363,000 after purchasing an additional 15,381 shares in the last quarter. Brandywine Oak Private Wealth LLC lifted its stake in iShares Global REIT ETF by 0.9% during the first quarter. Brandywine Oak Private Wealth LLC now owns 696,479 shares of the company’s stock worth $17,516,000 after purchasing an additional 5,972 shares during the last quarter. Finally, Upper Left Wealth Management LLC lifted its stake in iShares Global REIT ETF by 5.2% during the first quarter. Upper Left Wealth Management LLC now owns 9,509 shares of the company’s stock worth $239,000 after purchasing an additional 470 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of REET stock opened at $27.75 on Friday. The stock’s fifty day moving average price is $27.42 and its two-hundred day moving average price is $26.51. The company has a market cap of $4.91 billion, a PE ratio of 29.27 and a beta of 0.92. iShares Global REIT ETF has a fifty-two week low of $24.28 and a fifty-two week high of $28.26.

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.