Creative Planning Sells 18,128 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Creative Planning lessened its stake in iShares Global REIT ETF (NYSEARCA:REET) by 6.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 267,782 shares of the company’s stock after selling 18,128 shares during the period. Creative Planning’s holdings in iShares Global REIT ETF were worth $7,147,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Global REIT ETF by 10.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock worth $107,274,000 after buying an additional 434,651 shares during the last quarter. Nepc LLC boosted its position in iShares Global REIT ETF by 48.7% in the first quarter. Nepc LLC now owns 1,149,567 shares of the company’s stock worth $27,222,000 after purchasing an additional 376,424 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares Global REIT ETF by 93.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 767,016 shares of the company’s stock valued at $18,163,000 after purchasing an additional 371,334 shares during the period. Valmark Advisers Inc. grew its stake in shares of iShares Global REIT ETF by 6.5% during the 2nd quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock valued at $127,717,000 after purchasing an additional 337,372 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of iShares Global REIT ETF by 1,220.9% during the 1st quarter. Cetera Investment Advisers now owns 335,469 shares of the company’s stock valued at $7,944,000 after purchasing an additional 310,072 shares during the last quarter.

iShares Global REIT ETF Trading Up 0.6 %

REET opened at $26.16 on Thursday. The company’s 50 day moving average is $26.23 and its 200 day moving average is $24.36. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 12-month low of $19.69 and a 12-month 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.