iShares Global REIT ETF $REET Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 12.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,117,917 shares of the company’s stock after acquiring an additional 692,016 shares during the period. Northwestern Mutual Wealth Management Co. owned about 3.52% of iShares Global REIT ETF worth $152,642,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in iShares Global REIT ETF during the fourth quarter worth about $26,000. United Financial Planning Group LLC acquired a new stake in iShares Global REIT ETF during the third quarter worth about $64,000. CoreCap Advisors LLC grew its holdings in iShares Global REIT ETF by 37.7% during the fourth quarter. CoreCap Advisors LLC now owns 3,457 shares of the company’s stock worth $86,000 after acquiring an additional 946 shares during the period. Triumph Capital Management acquired a new stake in iShares Global REIT ETF during the third quarter valued at $91,000. Finally, Private Trust Co. NA grew its position in iShares Global REIT ETF by 2,421.8% during the fourth quarter. Private Trust Co. NA now owns 4,514 shares of the company’s stock valued at $113,000 after buying an additional 4,335 shares during the period.

iShares Global REIT ETF Stock Performance

REET stock opened at $27.46 on Friday. The firm has a market cap of $4.81 billion, a PE ratio of 29.27 and a beta of 0.94. The firm’s fifty day moving average is $26.57 and its 200 day moving average is $26.01. iShares Global REIT ETF has a one year low of $24.28 and a one year high of $27.69.

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.