Waterford Advisors LLC Has $5.99 Million Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Waterford Advisors LLC raised its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 5.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 253,009 shares of the company’s stock after purchasing an additional 13,022 shares during the period. iShares Global REIT ETF accounts for 2.5% of Waterford Advisors LLC’s portfolio, making the stock its 13th largest holding. Waterford Advisors LLC owned 0.17% of iShares Global REIT ETF worth $5,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in REET. Principal Securities Inc. acquired a new position in iShares Global REIT ETF during the fourth quarter valued at approximately $46,000. UMB Bank n.a. grew its holdings in iShares Global REIT ETF by 22.9% during the fourth quarter. UMB Bank n.a. now owns 2,460 shares of the company’s stock valued at $59,000 after purchasing an additional 459 shares during the last quarter. Elevate Wealth Advisory Inc. acquired a new position in iShares Global REIT ETF during the fourth quarter valued at approximately $65,000. SYM FINANCIAL Corp acquired a new position in iShares Global REIT ETF during the first quarter valued at approximately $111,000. Finally, ORG Partners LLC acquired a new stake in shares of iShares Global REIT ETF in the fourth quarter worth $122,000.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock traded up $0.12 during midday trading on Monday, hitting $24.54. The company had a trading volume of 345,646 shares, compared to its average volume of 573,750. The business’s 50 day simple moving average is $23.43 and its two-hundred day simple moving average is $23.22. The stock has a market cap of $3.74 billion, a PE 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 $25.01.

About iShares Global REIT ETF

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.