HighTower Advisors LLC Has $31.18 Million Position in iShares Global REIT ETF $REET

HighTower Advisors LLC increased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,249,750 shares of the company’s stock after purchasing an additional 39,360 shares during the period. HighTower Advisors LLC owned approximately 0.72% of iShares Global REIT ETF worth $31,181,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Diversify Advisory Services LLC lifted its holdings in shares of iShares Global REIT ETF by 4.5% during the fourth quarter. Diversify Advisory Services LLC now owns 9,802 shares of the company’s stock worth $254,000 after buying an additional 418 shares during the last quarter. MML Investors Services LLC raised its stake in iShares Global REIT ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 33,543 shares of the company’s stock valued at $829,000 after purchasing an additional 431 shares during the last quarter. International Private Wealth Advisors LLC raised its stake in iShares Global REIT ETF by 4.0% during the 4th quarter. International Private Wealth Advisors LLC now owns 11,630 shares of the company’s stock valued at $290,000 after purchasing an additional 443 shares during the last quarter. Castlekeep Investment Advisors LLC boosted its holdings in iShares Global REIT ETF by 5.3% in the 3rd quarter. Castlekeep Investment Advisors LLC now owns 9,362 shares of the company’s stock valued at $239,000 after purchasing an additional 471 shares during the period. Finally, Clearstead Advisors LLC grew its position in iShares Global REIT ETF by 5.4% in the 3rd quarter. Clearstead Advisors LLC now owns 9,198 shares of the company’s stock worth $235,000 after purchasing an additional 474 shares during the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA:REET opened at $27.42 on Friday. The firm’s 50-day moving average is $26.46 and its 200-day moving average is $25.95. iShares Global REIT ETF has a 52-week low of $24.02 and a 52-week high of $27.66. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

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.