SOL Capital Management CO Sells 1,245 Shares of iShares Global REIT ETF (NYSEARCA:REET)

SOL Capital Management CO cut its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 149,090 shares of the company’s stock after selling 1,245 shares during the period. SOL Capital Management CO’s holdings in iShares Global REIT ETF were worth $3,574,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. FMR LLC grew its holdings in iShares Global REIT ETF by 391.4% in the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after buying an additional 1,088 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of iShares Global REIT ETF in the third quarter valued at approximately $39,000. Trust Co. of Vermont grew its stake in shares of iShares Global REIT ETF by 151.1% in the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock worth $93,000 after acquiring an additional 2,336 shares during the last quarter. Breakwater Investment Management increased its position in iShares Global REIT ETF by 12.1% during the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock worth $122,000 after acquiring an additional 551 shares during the period. Finally, Matrix Trust Co acquired a new position in iShares Global REIT ETF during the 3rd quarter valued at $131,000.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock opened at $24.39 on Friday. The firm has a fifty day moving average price of $24.60 and a two-hundred day moving average price of $25.32. iShares Global REIT ETF has a fifty-two week low of $21.79 and a fifty-two week high of $27.24. The company has a market cap of $3.72 billion, a PE ratio of 19.98 and a beta of 0.92.

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.