Wealth Enhancement Advisory Services LLC Cuts Holdings in iShares Global REIT ETF $REET

Wealth Enhancement Advisory Services LLC decreased its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 56.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,559 shares of the company’s stock after selling 110,443 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.05% of iShares Global REIT ETF worth $2,171,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of REET. Regatta Capital Group LLC boosted its position in shares of iShares Global REIT ETF by 3.9% during the third quarter. Regatta Capital Group LLC now owns 10,625 shares of the company’s stock valued at $272,000 after buying an additional 395 shares during the last quarter. Leo Wealth LLC lifted its stake in iShares Global REIT ETF by 2.1% during the 2nd quarter. Leo Wealth LLC now owns 19,694 shares of the company’s stock valued at $486,000 after acquiring an additional 399 shares during the period. MML Investors Services LLC boosted its holdings in shares of iShares Global REIT ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 33,543 shares of the company’s stock valued at $829,000 after acquiring an additional 431 shares during the last quarter. Clarity Wealth Development LLC boosted its holdings in shares of iShares Global REIT ETF by 4.6% during the 2nd quarter. Clarity Wealth Development LLC now owns 10,965 shares of the company’s stock valued at $271,000 after acquiring an additional 481 shares during the last quarter. Finally, Aire Advisors LLC grew its stake in shares of iShares Global REIT ETF by 4.1% in the second quarter. Aire Advisors LLC now owns 13,050 shares of the company’s stock worth $322,000 after acquiring an additional 510 shares during the period.

iShares Global REIT ETF Stock Up 1.3%

REET opened at $25.72 on Friday. The stock has a market capitalization of $4.47 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 $25.24 and a 200-day moving average price of $25.24. iShares Global REIT ETF has a twelve month low of $20.96 and a twelve month high of $26.07.

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.