iShares Global REIT ETF $REET Shares Purchased by Morton Brown Family Wealth LLC

Morton Brown Family Wealth LLC increased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 539,546 shares of the company’s stock after purchasing an additional 19,241 shares during the quarter. iShares Global REIT ETF makes up 3.1% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 10th biggest holding. Morton Brown Family Wealth LLC owned approximately 0.30% of iShares Global REIT ETF worth $13,909,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in REET. Valmark Advisers Inc. lifted its holdings in iShares Global REIT ETF by 3.1% in the 1st quarter. Valmark Advisers Inc. now owns 6,480,035 shares of the company’s stock worth $162,973,000 after purchasing an additional 196,864 shares in the last quarter. Polianta Ltd grew its holdings in iShares Global REIT ETF by 4.6% during the 2nd quarter. Polianta Ltd now owns 4,427,000 shares of the company’s stock valued at $122,273,000 after buying an additional 194,000 shares in the last quarter. Modera Wealth Management LLC grew its holdings in iShares Global REIT ETF by 6.2% during the 1st quarter. Modera Wealth Management LLC now owns 1,379,901 shares of the company’s stock valued at $34,705,000 after buying an additional 80,735 shares in the last quarter. Royal Bank of Canada raised its position in shares of iShares Global REIT ETF by 5.0% during the first quarter. Royal Bank of Canada now owns 946,879 shares of the company’s stock valued at $23,813,000 after buying an additional 44,914 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of iShares Global REIT ETF by 13.1% during the first quarter. Bank of America Corp DE now owns 857,459 shares of the company’s stock valued at $21,565,000 after buying an additional 99,623 shares during the last quarter.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock opened at $26.14 on Monday. iShares Global REIT ETF has a 1 year low of $24.65 and a 1 year high of $29.06. The firm’s 50 day moving average price is $26.65 and its 200-day moving average price is $27.24. The stock has a market cap of $4.76 billion, a P/E ratio of 29.27 and a beta of 0.91.

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.