Simplicity Wealth LLC Raises Holdings in iShares Global REIT ETF $REET

Simplicity Wealth LLC raised its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 115.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,746 shares of the company’s stock after acquiring an additional 38,453 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Global REIT ETF were worth $1,834,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of iShares Global REIT ETF in the 2nd quarter worth approximately $24,090,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of iShares Global REIT ETF by 73.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock worth $45,912,000 after purchasing an additional 758,228 shares during the last quarter. Bank of America Corp DE lifted its stake in iShares Global REIT ETF by 42.1% in the 2nd quarter. Bank of America Corp DE now owns 1,053,734 shares of the company’s stock valued at $26,027,000 after buying an additional 312,423 shares in the last quarter. SageView Advisory Group LLC grew its holdings in iShares Global REIT ETF by 10.8% during the 2nd quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock valued at $73,025,000 after buying an additional 288,303 shares during the last quarter. Finally, Valmark Advisers Inc. increased its position in iShares Global REIT ETF by 3.9% during the third quarter. Valmark Advisers Inc. now owns 6,045,409 shares of the company’s stock worth $154,521,000 after buying an additional 228,415 shares in the last quarter.

iShares Global REIT ETF Stock Down 0.7%

NYSEARCA REET opened at $25.39 on Friday. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a fifty-two week low of $20.96 and a fifty-two week high of $26.07. The business has a fifty day moving average of $25.19 and a 200-day moving average of $25.22.

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.