iShares Global REIT ETF $REET Shares Acquired by FSM Wealth Advisors LLC

FSM Wealth Advisors LLC boosted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 11.7% in the third quarter, HoldingsChannel reports. The firm owned 480,653 shares of the company’s stock after purchasing an additional 50,234 shares during the quarter. iShares Global REIT ETF makes up approximately 1.7% of FSM Wealth Advisors LLC’s holdings, making the stock its 18th largest holding. FSM Wealth Advisors LLC’s holdings in iShares Global REIT ETF were worth $12,285,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in REET. Jane Street Group LLC acquired a new stake in iShares Global REIT ETF in the second quarter worth $24,090,000. Amundi grew its position in shares of iShares Global REIT ETF by 83.3% during the first quarter. Amundi now owns 700,000 shares of the company’s stock worth $16,597,000 after acquiring an additional 318,100 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares Global REIT ETF by 42.1% during the second quarter. Bank of America Corp DE now owns 1,053,734 shares of the company’s stock worth $26,027,000 after acquiring an additional 312,423 shares during the last quarter. SageView Advisory Group LLC increased its holdings in shares of iShares Global REIT ETF by 10.8% in the 2nd quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock worth $73,025,000 after acquiring an additional 288,303 shares during the period. Finally, Savant Capital LLC lifted its position in iShares Global REIT ETF by 9.2% in the 2nd quarter. Savant Capital LLC now owns 2,624,235 shares of the company’s stock valued at $64,819,000 after purchasing an additional 221,576 shares during the last quarter.

iShares Global REIT ETF Stock Up 0.2%

iShares Global REIT ETF stock opened at $25.04 on Friday. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $26.07. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 29.27 and a beta of 0.99. The firm has a 50-day moving average price of $25.25 and a two-hundred day moving average price of $25.15.

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.