Fiduciary Trust Co Acquires Shares of 68,816 iShares Global REIT ETF (NYSEARCA:REET)

Fiduciary Trust Co bought a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 68,816 shares of the company’s stock, valued at approximately $1,837,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Valmark Advisers Inc. boosted its stake in iShares Global REIT ETF by 6.5% during the 2nd quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock worth $127,717,000 after acquiring an additional 337,372 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Global REIT ETF by 10.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock worth $107,274,000 after purchasing an additional 434,651 shares during the period. Bank of Montreal Can boosted its position in shares of 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 worth $75,834,000 after purchasing an additional 108,254 shares in the last quarter. Heritage Investment Group Inc. boosted its position in shares of iShares Global REIT ETF by 1.1% during 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. Finally, PDS Planning Inc grew 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 during the period.

iShares Global REIT ETF Trading Down 0.4 %

Shares of iShares Global REIT ETF stock opened at $26.31 on Friday. The stock’s fifty day simple moving average is $26.03 and its 200 day simple moving average is $24.95. The company has a market capitalization of $4.01 billion, a PE ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 12 month low of $21.79 and a 12 month high of $27.24.

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.