HighTower Advisors LLC Has $31.18 Million Stake in iShares Global REIT ETF $REET

HighTower Advisors LLC increased its position in iShares Global REIT ETF (NYSEARCA:REET) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,249,750 shares of the company’s stock after purchasing an additional 39,360 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Global REIT ETF were worth $31,181,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of REET. Diversify Advisory Services LLC raised its stake in shares of iShares Global REIT ETF by 4.5% in the 4th quarter. Diversify Advisory Services LLC now owns 9,802 shares of the company’s stock valued at $254,000 after buying an additional 418 shares in the last quarter. MML Investors Services LLC boosted its position in shares of iShares Global REIT ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 33,543 shares of the company’s stock valued at $829,000 after acquiring an additional 431 shares in the last quarter. International Private Wealth Advisors LLC boosted its position in shares of iShares Global REIT ETF by 4.0% during the 4th quarter. International Private Wealth Advisors LLC now owns 11,630 shares of the company’s stock valued at $290,000 after acquiring an additional 443 shares in the last quarter. Castlekeep Investment Advisors LLC increased its stake in iShares Global REIT ETF by 5.3% in the third quarter. Castlekeep Investment Advisors LLC now owns 9,362 shares of the company’s stock valued at $239,000 after acquiring an additional 471 shares during the period. Finally, Clearstead Advisors LLC raised its position in iShares Global REIT ETF by 5.4% in the third quarter. Clearstead Advisors LLC now owns 9,198 shares of the company’s stock worth $235,000 after purchasing an additional 474 shares in the last quarter.

iShares Global REIT ETF Stock Down 0.1%

Shares of REET opened at $27.42 on Friday. The company has a 50-day moving average price of $26.46 and a two-hundred day moving average price of $25.95. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. iShares Global REIT ETF has a 12 month low of $24.02 and a 12 month high of $27.66.

iShares Global REIT ETF Company 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.