Ballentine Partners LLC Invests $232,000 in iShares Global REIT ETF (NYSEARCA:REET)

Ballentine Partners LLC acquired a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 8,678 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in iShares Global REIT ETF in the second quarter valued at about $67,000. IAG Wealth Partners LLC bought a new stake in iShares Global REIT ETF during the second quarter worth about $92,000. Cullen Frost Bankers Inc. bought a new stake in iShares Global REIT ETF during the second quarter worth about $104,000. Breakwater Investment Management grew its stake in iShares Global REIT ETF by 298.9% during the second quarter. Breakwater Investment Management now owns 4,544 shares of the company’s stock worth $106,000 after buying an additional 3,405 shares during the last quarter. Finally, SYM FINANCIAL Corp bought a new stake in iShares Global REIT ETF during the first quarter worth about $111,000.

iShares Global REIT ETF Trading Down 0.5 %

Shares of iShares Global REIT ETF stock opened at $25.95 on Wednesday. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 1-year low of $19.69 and a 1-year high of $27.24. The firm’s 50-day moving average price is $26.28 and its two-hundred day moving average price is $24.43.

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.