Collective Family Office LLC Lowers Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

Collective Family Office LLC cut its position in iShares Global REIT ETF (NYSEARCA:REET) by 6.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 81,063 shares of the company’s stock after selling 5,386 shares during the period. Collective Family Office LLC’s holdings in iShares Global REIT ETF were worth $1,920,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Oxford Financial Group LTD. LLC lifted its stake in iShares Global REIT ETF by 874.8% in the fourth quarter. Oxford Financial Group LTD. LLC now owns 2,559,808 shares of the company’s stock worth $61,896,000 after acquiring an additional 2,297,209 shares during the last quarter. Heritage Investment Group Inc. grew its stake in iShares Global REIT ETF by 1,484.2% during the 4th quarter. Heritage Investment Group Inc. now owns 1,383,756 shares of the company’s stock worth $33,459,000 after buying an additional 1,296,406 shares during the last quarter. Nepc LLC purchased a new position in shares of iShares Global REIT ETF during the fourth quarter worth approximately $18,695,000. SageView Advisory Group LLC increased its holdings in shares of iShares Global REIT ETF by 43.1% in the 4th quarter. SageView Advisory Group LLC now owns 2,378,756 shares of the company’s stock valued at $55,449,000 after acquiring an additional 716,890 shares during the period. Finally, Adroit Compliance LLC purchased a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at about $16,056,000.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA:REET traded down $0.14 during trading on Thursday, reaching $23.01. The company had a trading volume of 152,670 shares, compared to its average volume of 588,076. The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. The stock’s fifty day moving average price is $22.79 and its 200 day moving average price is $23.22. iShares Global REIT ETF has a fifty-two week low of $19.69 and a fifty-two week high of $24.65.

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.