Modera Wealth Management LLC Purchases New Position in iShares Global REIT ETF $REET

Modera Wealth Management LLC purchased a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,501,298 shares of the company’s stock, valued at approximately $38,703,000.

Other hedge funds have also bought and sold shares of the company. Valmark Advisers Inc. grew its stake in shares of iShares Global REIT ETF by 3.1% during the 1st quarter. Valmark Advisers Inc. now owns 6,480,035 shares of the company’s stock worth $162,973,000 after purchasing an additional 196,864 shares during the period. Polianta Ltd grew its position in iShares Global REIT ETF by 4.6% during the second quarter. Polianta Ltd now owns 4,427,000 shares of the company’s stock valued at $122,273,000 after buying an additional 194,000 shares during the period. Royal Bank of Canada grew its position in iShares Global REIT ETF by 5.0% during the first quarter. Royal Bank of Canada now owns 946,879 shares of the company’s stock valued at $23,813,000 after buying an additional 44,914 shares during the period. Bank of America Corp DE increased its holdings in iShares Global REIT ETF by 13.1% in the first quarter. Bank of America Corp DE now owns 857,459 shares of the company’s stock valued at $21,565,000 after buying an additional 99,623 shares in the last quarter. Finally, Boston Standard Wealth Management LLC increased its holdings in iShares Global REIT ETF by 0.5% in the second quarter. Boston Standard Wealth Management LLC now owns 679,938 shares of the company’s stock valued at $18,797,000 after buying an additional 3,637 shares in the last quarter.

iShares Global REIT ETF Stock Performance

iShares Global REIT ETF stock opened at $26.43 on Friday. iShares Global REIT ETF has a 1 year low of $24.65 and a 1 year high of $29.06. The company’s fifty day moving average price is $26.48 and its 200 day moving average price is $26.87. The stock has a market capitalization of $4.81 billion, a P/E ratio of 29.27 and a beta of 0.91.

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.