Apella Capital LLC Makes New $2.63 Million Investment in iShares Global REIT ETF (NYSEARCA:REET)

Apella Capital LLC purchased a new position in iShares Global REIT ETF (NYSEARCA:REET) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 109,857 shares of the company’s stock, valued at approximately $2,633,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its position in iShares Global REIT ETF by 10.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock valued at $107,274,000 after acquiring an additional 434,651 shares in the last quarter. Bank of Montreal Can boosted its position in iShares Global REIT ETF by 4.0% during the third quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock valued at $75,834,000 after purchasing an additional 108,254 shares in the last quarter. Heritage Investment Group Inc. raised its holdings in iShares Global REIT ETF by 1.1% in the third quarter. Heritage Investment Group Inc. now owns 1,510,328 shares of the company’s stock worth $40,311,000 after purchasing an additional 16,103 shares in the last quarter. PDS Planning Inc boosted its holdings in shares of iShares Global REIT ETF by 8.9% in the 3rd quarter. PDS Planning Inc now owns 1,283,394 shares of the company’s stock valued at $34,254,000 after buying an additional 104,588 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of iShares Global REIT ETF by 71.5% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock worth $25,838,000 after buying an additional 403,494 shares during the last quarter.

iShares Global REIT ETF Stock Up 0.7 %

NYSEARCA:REET opened at $23.59 on Wednesday. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The firm has a 50 day moving average of $24.91 and a 200 day moving average of $25.28.

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.