Modera Wealth Management LLC bought a new stake in iShares Global REIT ETF (NYSEARCA:REET – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,501,298 shares of the company’s stock, valued at approximately $38,703,000. Modera Wealth Management LLC owned about 0.82% of iShares Global REIT ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Asset Management One Co. Ltd. purchased a new stake in shares of iShares Global REIT ETF in the 3rd quarter valued at $5,388,000. Morton Brown Family Wealth LLC increased its stake in shares of iShares Global REIT ETF by 3.7% in the third quarter. Morton Brown Family Wealth LLC now owns 539,546 shares of the company’s stock worth $13,909,000 after acquiring an additional 19,241 shares during the period. First Interstate Bank purchased a new position in shares of iShares Global REIT ETF during the third quarter worth $317,000. Brandywine Oak Private Wealth LLC raised its holdings in shares of iShares Global REIT ETF by 2.8% during the third quarter. Brandywine Oak Private Wealth LLC now owns 726,300 shares of the company’s stock worth $18,724,000 after purchasing an additional 19,527 shares during the last quarter. Finally, Aurelius Family Office LLC raised its holdings in shares of iShares Global REIT ETF by 1.2% during the third quarter. Aurelius Family Office LLC now owns 109,712 shares of the company’s stock worth $2,828,000 after purchasing an additional 1,303 shares during the last quarter.
iShares Global REIT ETF Price Performance
NYSEARCA REET opened at $26.43 on Friday. The company has a market capitalization of $4.81 billion, a PE ratio of 29.27 and a beta of 0.91. The company has a fifty day moving average of $26.48 and a 200 day moving average of $26.87. iShares Global REIT ETF has a 1 year low of $24.65 and a 1 year high of $29.06.
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.
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