Fiduciary Financial Group LLC Acquires 28,551 Shares of iShares Global REIT ETF $REET

Fiduciary Financial Group LLC grew its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 13.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 239,851 shares of the company’s stock after buying an additional 28,551 shares during the period. iShares Global REIT ETF makes up 0.8% of Fiduciary Financial Group LLC’s portfolio, making the stock its 28th largest holding. Fiduciary Financial Group LLC owned approximately 0.14% of iShares Global REIT ETF worth $6,625,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. SHP Wealth Management purchased a new stake in shares of iShares Global REIT ETF during the 4th quarter valued at about $25,000. International Assets Investment Management LLC bought a new stake in iShares Global REIT ETF during the fourth quarter worth approximately $26,000. Mascoma Wealth Management LLC purchased a new stake in iShares Global REIT ETF during the first quarter valued at approximately $33,000. EFG International AG purchased a new stake in iShares Global REIT ETF during the fourth quarter valued at approximately $50,000. Finally, Operose Advisors LLC lifted its stake in shares of iShares Global REIT ETF by 211.1% in the 4th quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after purchasing an additional 1,440 shares during the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA REET opened at $27.68 on Wednesday. The company has a market cap of $5.01 billion, a P/E ratio of 29.27 and a beta of 0.92. The business’s 50 day moving average price is $27.91 and its 200-day moving average price is $27.00. iShares Global REIT ETF has a fifty-two week low of $24.53 and a fifty-two week high of $29.06.

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.