Leo Wealth LLC Boosts Stock Position in iShares Global REIT ETF $REET

Leo Wealth LLC lifted its position in iShares Global REIT ETF (NYSEARCA:REET) by 2.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,694 shares of the company’s stock after buying an additional 399 shares during the period. Leo Wealth LLC’s holdings in iShares Global REIT ETF were worth $486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Valley National Advisers Inc. purchased a new position in shares of iShares Global REIT ETF in the 1st quarter worth approximately $57,000. Tacita Capital Inc grew its holdings in iShares Global REIT ETF by 41.1% in the first quarter. Tacita Capital Inc now owns 4,262 shares of the company’s stock worth $103,000 after purchasing an additional 1,242 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in iShares Global REIT ETF by 15.9% in the second quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock worth $103,000 after purchasing an additional 573 shares during the last quarter. Farther Finance Advisors LLC grew its stake in iShares Global REIT ETF by 231.7% during the 1st quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock worth $117,000 after buying an additional 3,371 shares during the last quarter. Finally, SouthState Corp purchased a new position in iShares Global REIT ETF during the 1st quarter worth $140,000.

iShares Global REIT ETF Price Performance

Shares of REET stock opened at $25.07 on Friday. iShares Global REIT ETF has a 1-year low of $20.96 and a 1-year high of $26.54. The stock’s fifty day moving average price is $25.26 and its 200 day moving average price is $24.66. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 29.27 and a beta of 0.93.

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.