Raymond James & Associates Has $805,000 Stake in iShares Global REIT ETF (NYSEARCA:REET)

Raymond James & Associates cut its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,312 shares of the company’s stock after selling 4,643 shares during the quarter. Raymond James & Associates’ holdings in iShares Global REIT ETF were worth $805,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in REET. EverSource Wealth Advisors LLC lifted its position in iShares Global REIT ETF by 1.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 39,256 shares of the company’s stock valued at $831,000 after acquiring an additional 469 shares in the last quarter. Financial Advocates Investment Management increased its holdings in iShares Global REIT ETF by 5.3% in the 3rd quarter. Financial Advocates Investment Management now owns 10,871 shares of the company’s stock worth $230,000 after acquiring an additional 546 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of iShares Global REIT ETF by 2.7% during the 3rd quarter. Merit Financial Group LLC now owns 27,009 shares of the company’s stock valued at $572,000 after buying an additional 712 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of iShares Global REIT ETF by 5.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 15,555 shares of the company’s stock valued at $329,000 after purchasing an additional 841 shares during the period. Finally, Cardinal Point Capital Management ULC raised its position in shares of iShares Global REIT ETF by 2.4% in the third quarter. Cardinal Point Capital Management ULC now owns 37,020 shares of the company’s stock worth $794,000 after buying an additional 870 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of REET opened at $22.16 on Tuesday. iShares Global REIT ETF has a 1-year low of $19.69 and a 1-year high of $24.65. The company has a market capitalization of $3.38 billion, a P/E ratio of 19.38 and a beta of 0.92. The firm’s 50 day simple moving average is $23.11 and its 200 day simple moving average is $22.72.

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.