Principal Securities Inc. Buys New Stake in iShares Global REIT ETF (NYSEARCA:REET)

Principal Securities Inc. purchased a new stake in iShares Global REIT ETF (NYSEARCA:REET) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 1,911 shares of the company’s stock, valued at approximately $46,000.

Several other hedge funds have also bought and sold shares of the stock. DGS Capital Management LLC boosted its position in shares of iShares Global REIT ETF by 3.1% during the 4th quarter. DGS Capital Management LLC now owns 14,533 shares of the company’s stock valued at $351,000 after acquiring an additional 432 shares during the last quarter. Ballentine Partners LLC raised its stake in iShares Global REIT ETF by 4.6% during the fourth quarter. Ballentine Partners LLC now owns 10,400 shares of the company’s stock valued at $251,000 after purchasing an additional 454 shares in the last quarter. UMB Bank n.a. lifted its position in iShares Global REIT ETF by 22.9% during the fourth quarter. UMB Bank n.a. now owns 2,460 shares of the company’s stock valued at $59,000 after purchasing an additional 459 shares during the last quarter. Claro Advisors LLC grew its stake in shares of iShares Global REIT ETF by 4.8% in the 4th quarter. Claro Advisors LLC now owns 12,008 shares of the company’s stock worth $290,000 after buying an additional 547 shares in the last quarter. Finally, First Interstate Bank increased its holdings in shares of iShares Global REIT ETF by 3.0% in the 4th quarter. First Interstate Bank now owns 18,585 shares of the company’s stock worth $449,000 after buying an additional 548 shares during the last quarter.

iShares Global REIT ETF Trading Up 0.3 %

Shares of NYSEARCA REET opened at $22.80 on Friday. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 12-month low of $19.69 and a 12-month high of $24.65. The firm’s 50-day moving average price is $22.89 and its 200-day moving average price is $23.07.

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.