Foster Group Inc. Cuts Stake in iShares Global REIT ETF (NYSEARCA:REET)

Foster Group Inc. lessened its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 45.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,744 shares of the company’s stock after selling 42,959 shares during the quarter. Foster Group Inc.’s holdings in iShares Global REIT ETF were worth $1,216,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in iShares Global REIT ETF during the 3rd quarter valued at $39,000. Stifel Financial Corp raised its stake in shares of iShares Global REIT ETF by 8.5% during the third quarter. Stifel Financial Corp now owns 10,349 shares of the company’s stock valued at $276,000 after acquiring an additional 814 shares during the last quarter. FMR LLC grew its stake in shares of iShares Global REIT ETF by 391.4% in the third quarter. FMR LLC now owns 1,366 shares of the company’s stock worth $36,000 after purchasing an additional 1,088 shares during the last quarter. Corrigan Financial Inc. raised its position in iShares Global REIT ETF by 0.3% during the 3rd quarter. Corrigan Financial Inc. now owns 191,363 shares of the company’s stock valued at $5,107,000 after purchasing an additional 667 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of iShares Global REIT ETF by 157.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock worth $13,797,000 after buying an additional 316,102 shares during the last quarter.

iShares Global REIT ETF Trading Down 0.9 %

Shares of NYSEARCA REET opened at $24.35 on Wednesday. iShares Global REIT ETF has a 12 month low of $21.79 and a 12 month high of $27.24. The firm has a market capitalization of $3.71 billion, a PE ratio of 19.98 and a beta of 0.92. The firm has a fifty day simple moving average of $24.64 and a two-hundred day simple moving average of $25.33.

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.