Wealthspire Advisors LLC Has $4.63 Million Stake in iShares Global REIT ETF (NYSEARCA:REET)

Wealthspire Advisors LLC raised its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 191,584 shares of the company’s stock after purchasing an additional 2,154 shares during the quarter. Wealthspire Advisors LLC owned 0.14% of iShares Global REIT ETF worth $4,632,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Trust Co. of Vermont acquired a new position in iShares Global REIT ETF during the third quarter valued at $26,000. UMB Bank n.a. increased its holdings in shares of iShares Global REIT ETF by 22.9% in the 4th quarter. UMB Bank n.a. now owns 2,460 shares of the company’s stock valued at $59,000 after purchasing an additional 459 shares during the period. Orion Capital Management LLC purchased a new stake in shares of iShares Global REIT ETF in the third quarter worth approximately $108,000. ORG Partners LLC purchased a new stake in shares of iShares Global REIT ETF in the fourth quarter worth approximately $122,000. Finally, Citigroup Inc. boosted its holdings in shares of iShares Global REIT ETF by 32.3% during the third quarter. Citigroup Inc. now owns 8,474 shares of the company’s stock worth $179,000 after purchasing an additional 2,068 shares during the period.

iShares Global REIT ETF Price Performance

REET traded down $0.18 on Wednesday, reaching $22.76. 386,357 shares of the company traded hands, compared to its average volume of 662,294. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $24.65. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 18.85 and a beta of 0.91. The stock’s 50 day moving average price is $22.95 and its 200-day moving average price is $22.84.

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.