Cutler Investment Counsel LLC grew its position in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 8.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 323,641 shares of the company’s stock after purchasing an additional 26,387 shares during the quarter. Cutler Investment Counsel LLC’s holdings in iShares Global REIT ETF were worth $8,075,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of iShares Global REIT ETF in the 4th quarter worth $26,000. Operose Advisors LLC lifted its holdings in shares of iShares Global REIT ETF by 211.1% in the 4th quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock worth $53,000 after buying an additional 1,440 shares during the period. United Financial Planning Group LLC purchased a new stake in shares of iShares Global REIT ETF in the 3rd quarter worth $64,000. CoreCap Advisors LLC lifted its holdings in shares of iShares Global REIT ETF by 37.7% in the 4th quarter. CoreCap Advisors LLC now owns 3,457 shares of the company’s stock worth $86,000 after buying an additional 946 shares during the period. Finally, Triumph Capital Management purchased a new stake in shares of iShares Global REIT ETF in the 3rd quarter worth $91,000.
iShares Global REIT ETF Trading Up 0.6%
Shares of REET stock opened at $27.70 on Friday. iShares Global REIT ETF has a twelve month low of $24.28 and a twelve month high of $27.82. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 29.27 and a beta of 0.93. The stock has a fifty day simple moving average of $26.98 and a two-hundred day simple moving average of $26.15.
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.
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Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET – Free Report).
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