North Ridge Wealth Advisors Inc. Acquires 1,448 Shares of iShares Global REIT ETF (NYSEARCA:REET)

North Ridge Wealth Advisors Inc. grew its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,002 shares of the company’s stock after buying an additional 1,448 shares during the quarter. iShares Global REIT ETF makes up 1.9% of North Ridge Wealth Advisors Inc.’s portfolio, making the stock its 14th largest position. North Ridge Wealth Advisors Inc.’s holdings in iShares Global REIT ETF were worth $2,225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Vermont bought a new stake in iShares Global REIT ETF during the 3rd quarter worth about $26,000. UMB Bank n.a. raised its holdings in shares of iShares Global REIT ETF by 1,339.6% in the 3rd quarter. UMB Bank n.a. now owns 2,001 shares of the company’s stock valued at $42,000 after purchasing an additional 1,862 shares during the period. Retirement Group LLC bought a new stake in shares of iShares Global REIT ETF in the 4th quarter valued at about $75,000. BNP Paribas Arbitrage SA bought a new stake in shares of iShares Global REIT ETF in the 1st quarter valued at about $82,000. Finally, Captrust Financial Advisors raised its holdings in shares of iShares Global REIT ETF by 74.5% in the 1st quarter. Captrust Financial Advisors now owns 3,412 shares of the company’s stock valued at $100,000 after purchasing an additional 1,457 shares during the period.

iShares Global REIT ETF Stock Performance

Shares of REET stock opened at $23.68 on Friday. The firm’s 50-day moving average is $23.29 and its 200-day moving average is $22.59. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 18.16 and a beta of 0.93. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $24.65.

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.