Great Lakes Advisors LLC Decreases Stock Position in iShares Global REIT ETF $REET

Great Lakes Advisors LLC decreased its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 84.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,591 shares of the company’s stock after selling 97,788 shares during the period. Great Lakes Advisors LLC’s holdings in iShares Global REIT ETF were worth $450,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of REET. TD Waterhouse Canada Inc. boosted its holdings in iShares Global REIT ETF by 20.2% in the third quarter. TD Waterhouse Canada Inc. now owns 49,123 shares of the company’s stock valued at $1,264,000 after purchasing an additional 8,268 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares Global REIT ETF by 54.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 144,591 shares of the company’s stock valued at $3,696,000 after purchasing an additional 50,700 shares in the last quarter. Ballentine Partners LLC boosted its stake in shares of iShares Global REIT ETF by 6.9% during the 3rd quarter. Ballentine Partners LLC now owns 11,453 shares of the company’s stock valued at $293,000 after buying an additional 739 shares during the last quarter. Avant Financial Advisors LLC boosted its stake in shares of iShares Global REIT ETF by 3.4% during the 3rd quarter. Avant Financial Advisors LLC now owns 27,897 shares of the company’s stock valued at $713,000 after buying an additional 921 shares during the last quarter. Finally, Heritage Investment Group Inc. grew its position in shares of iShares Global REIT ETF by 2.3% during the third quarter. Heritage Investment Group Inc. now owns 1,612,014 shares of the company’s stock worth $41,203,000 after buying an additional 36,813 shares in the last quarter.

iShares Global REIT ETF Price Performance

REET opened at $25.50 on Tuesday. The stock has a market capitalization of $4.43 billion, a PE ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 12-month low of $20.96 and a 12-month high of $26.07. The firm’s fifty day moving average price is $25.26 and its 200 day moving average price is $25.26.

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.