Aire Advisors LLC Reduces Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

Aire Advisors LLC trimmed its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 9.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,379 shares of the company’s stock after selling 2,098 shares during the period. Aire Advisors LLC’s holdings in iShares Global REIT ETF were worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. FMR LLC raised its stake in shares of iShares Global REIT ETF by 391.4% during the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after purchasing an additional 1,088 shares during the period. SRS Capital Advisors Inc. bought a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at about $51,000. Heck Capital Advisors LLC purchased a new stake in shares of iShares Global REIT ETF in the fourth quarter worth about $62,000. Trust Co. of Vermont lifted its holdings in shares of iShares Global REIT ETF by 151.1% in the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock worth $93,000 after buying an additional 2,336 shares in the last quarter. Finally, Breakwater Investment Management boosted its position in shares of iShares Global REIT ETF by 12.1% in the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after acquiring an additional 551 shares during the period.

iShares Global REIT ETF Trading Up 1.4 %

iShares Global REIT ETF stock opened at $24.34 on Tuesday. The firm’s 50 day simple moving average is $24.45 and its 200 day simple moving average is $25.18. iShares Global REIT ETF has a 1-year low of $21.79 and a 1-year high of $27.24. The firm has a market capitalization of $3.77 billion, a PE ratio of 26.66 and a beta of 1.08.

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.