Silver Lake Advisory LLC Buys New Shares in iShares Global REIT ETF (NYSEARCA:REET)

Silver Lake Advisory LLC purchased a new position in iShares Global REIT ETF (NYSEARCA:REET) during the 2nd quarter, Holdings Channel reports. The firm purchased 11,560 shares of the company’s stock, valued at approximately $269,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Oxford Financial Group LTD. LLC grew its position in iShares Global REIT ETF by 874.8% during the fourth quarter. Oxford Financial Group LTD. LLC now owns 2,559,808 shares of the company’s stock worth $61,896,000 after buying an additional 2,297,209 shares in the last quarter. Nepc LLC bought a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at approximately $18,695,000. SageView Advisory Group LLC increased its position in shares of iShares Global REIT ETF by 43.1% during the fourth quarter. SageView Advisory Group LLC now owns 2,378,756 shares of the company’s stock valued at $55,449,000 after purchasing an additional 716,890 shares during the period. Adroit Compliance LLC bought a new position in iShares Global REIT ETF in the fourth quarter worth $16,056,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in iShares Global REIT ETF by 93.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 767,016 shares of the company’s stock worth $18,163,000 after purchasing an additional 371,334 shares during the period.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock opened at $26.64 on Monday. The company’s fifty day moving average price is $25.68 and its two-hundred day moving average price is $23.99. The firm has a market capitalization of $4.06 billion, a PE ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $27.24.

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.