Bailard Inc. Decreases Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Bailard Inc. reduced its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 302,609 shares of the company’s stock after selling 422 shares during the quarter. Bailard Inc.’s holdings in iShares Global REIT ETF were worth $7,254,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in shares of iShares Global REIT ETF during the 3rd quarter worth $39,000. Stifel Financial Corp raised its stake in iShares Global REIT ETF by 8.5% in the third quarter. Stifel Financial Corp now owns 10,349 shares of the company’s stock valued at $276,000 after buying an additional 814 shares during the last quarter. FMR LLC raised its stake in iShares Global REIT ETF by 391.4% in the third quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after buying an additional 1,088 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in iShares Global REIT ETF in the fourth quarter valued at about $2,387,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in iShares Global REIT ETF by 2.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 118,941 shares of the company’s stock valued at $2,851,000 after buying an additional 2,380 shares during the last quarter.

iShares Global REIT ETF Stock Performance

iShares Global REIT ETF stock opened at $24.99 on Friday. The stock has a 50-day moving average of $24.27 and a two-hundred day moving average of $25.33. iShares Global REIT ETF has a one year low of $21.79 and a one year high of $27.24. The stock has a market cap of $3.86 billion, a PE ratio of 28.31 and a beta of 1.07.

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.