Wealth Alliance LLC Purchases New Stake in iShares Global REIT ETF $REET

Wealth Alliance LLC acquired a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 54,985 shares of the company’s stock, valued at approximately $1,405,000.

A number of other large investors have also recently made changes to their positions in REET. Valmark Advisers Inc. increased its position in shares of iShares Global REIT ETF by 3.9% during the third quarter. Valmark Advisers Inc. now owns 6,045,409 shares of the company’s stock worth $154,521,000 after acquiring an additional 228,415 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares Global REIT ETF by 2.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,013,169 shares of the company’s stock valued at $123,825,000 after acquiring an additional 132,509 shares in the last quarter. SageView Advisory Group LLC boosted its stake in iShares Global REIT ETF by 10.8% during the 2nd quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock valued at $73,025,000 after purchasing an additional 288,303 shares during the last quarter. Savant Capital LLC increased its holdings in iShares Global REIT ETF by 9.2% during the 2nd quarter. Savant Capital LLC now owns 2,624,235 shares of the company’s stock worth $64,819,000 after purchasing an additional 221,576 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in iShares Global REIT ETF by 73.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock worth $45,912,000 after purchasing an additional 758,228 shares in the last quarter.

iShares Global REIT ETF Stock Up 0.7%

Shares of iShares Global REIT ETF stock opened at $27.06 on Friday. iShares Global REIT ETF has a 52 week low of $20.96 and a 52 week high of $27.26. The business has a 50 day moving average price of $25.62 and a 200-day moving average price of $25.42. The company has a market cap of $4.70 billion, a PE ratio of 29.27 and a beta of 0.99.

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.