Cutler Investment Counsel LLC raised its stake in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 938.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,483 shares of the company’s stock after buying an additional 105,263 shares during the period. Cutler Investment Counsel LLC owned approximately 0.08% of iShares Global REIT ETF worth $3,109,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Silver Lake Advisory LLC acquired a new stake in shares of iShares Global REIT ETF in the second quarter worth approximately $269,000. Valmark Advisers Inc. raised its stake in iShares Global REIT ETF by 6.5% during the second quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock valued at $127,717,000 after buying an additional 337,372 shares in the last quarter. Aptus Capital Advisors LLC raised its position in shares of iShares Global REIT ETF by 9.6% during the 2nd quarter. Aptus Capital Advisors LLC now owns 13,900 shares of the company’s stock valued at $323,000 after acquiring an additional 1,221 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of iShares Global REIT ETF in the 2nd quarter worth about $104,000. Finally, Arkos Global Advisors lifted its holdings in iShares Global REIT ETF by 2.6% in the second quarter. Arkos Global Advisors now owns 124,945 shares of the company’s stock worth $2,905,000 after acquiring an additional 3,148 shares during the last quarter.
iShares Global REIT ETF Stock Performance
Shares of NYSEARCA:REET traded up $0.10 during trading hours on Friday, hitting $25.44. The stock had a trading volume of 800,294 shares, compared to its average volume of 614,594. iShares Global REIT ETF has a 1-year low of $21.68 and a 1-year high of $27.24. The stock’s fifty day simple moving average is $26.20 and its 200 day simple moving average is $24.71. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.
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.
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