One Capital Management LLC Sells 505,434 Shares of iShares Global REIT ETF $REET

One Capital Management LLC trimmed its stake in iShares Global REIT ETF (NYSEARCA:REET) by 81.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,175 shares of the company’s stock after selling 505,434 shares during the quarter. One Capital Management LLC owned 0.07% of iShares Global REIT ETF worth $2,824,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D bought a new position in shares of iShares Global REIT ETF during the fourth quarter valued at $294,086,000. Valmark Advisers Inc. lifted its holdings in iShares Global REIT ETF by 3.9% in the fourth quarter. Valmark Advisers Inc. now owns 6,283,171 shares of the company’s stock valued at $156,765,000 after acquiring an additional 237,762 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Global REIT ETF by 12.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,117,917 shares of the company’s stock valued at $152,642,000 after acquiring an additional 692,016 shares during the period. Polianta Ltd bought a new position in iShares Global REIT ETF in the fourth quarter valued at about $90,668,000. Finally, SageView Advisory Group LLC lifted its holdings in iShares Global REIT ETF by 2.9% in the third quarter. SageView Advisory Group LLC now owns 3,038,299 shares of the company’s stock valued at $77,659,000 after acquiring an additional 86,609 shares during the period.

iShares Global REIT ETF Stock Performance

REET stock opened at $26.87 on Wednesday. iShares Global REIT ETF has a fifty-two week low of $24.28 and a fifty-two week high of $27.69. The business’s 50-day moving average is $26.62 and its two-hundred day moving average is $26.04. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

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.