Great Lakes Advisors LLC Sells 3,222 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Great Lakes Advisors LLC lessened its stake in iShares Global REIT ETF (NYSEARCA:REET) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 180,013 shares of the company’s stock after selling 3,222 shares during the period. Great Lakes Advisors LLC owned about 0.12% of iShares Global REIT ETF worth $4,315,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC lifted its stake in shares of iShares Global REIT ETF by 391.4% in the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after acquiring an additional 1,088 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of iShares Global REIT ETF in the 3rd quarter valued at about $39,000. SRS Capital Advisors Inc. bought a new position in iShares Global REIT ETF during the 4th quarter valued at approximately $51,000. Heck Capital Advisors LLC bought a new position in iShares Global REIT ETF during the 4th quarter valued at approximately $62,000. Finally, Trust Co. of Vermont raised its position in iShares Global REIT ETF by 151.1% during the 4th quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after purchasing an additional 2,336 shares during the last quarter.

iShares Global REIT ETF Price Performance

REET opened at $24.20 on Friday. The business has a 50 day simple moving average of $24.37 and a two-hundred day simple moving average of $25.27. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 26.66 and a beta of 1.08. iShares Global REIT ETF has a one year low of $21.79 and a one year high of $27.24.

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.