Valmark Advisers Inc. Has $127.72 Million Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Valmark Advisers Inc. lifted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,493,203 shares of the company’s stock after buying an additional 337,372 shares during the quarter. iShares Global REIT ETF comprises approximately 2.2% of Valmark Advisers Inc.’s investment portfolio, making the stock its 14th largest holding. Valmark Advisers Inc. owned about 3.61% of iShares Global REIT ETF worth $127,717,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its stake in iShares Global REIT ETF by 1.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 27,617 shares of the company’s stock worth $611,000 after buying an additional 455 shares during the period. Collective Family Office LLC lifted its holdings in shares of iShares Global REIT ETF by 0.7% in the 2nd quarter. Collective Family Office LLC now owns 81,610 shares of the company’s stock worth $1,897,000 after purchasing an additional 547 shares in the last quarter. North Ridge Wealth Advisors Inc. lifted its holdings in shares of iShares Global REIT ETF by 0.6% in the 1st quarter. North Ridge Wealth Advisors Inc. now owns 92,589 shares of the company’s stock worth $2,193,000 after purchasing an additional 587 shares in the last quarter. 180 Wealth Advisors LLC grew its position in iShares Global REIT ETF by 2.5% in the 1st quarter. 180 Wealth Advisors LLC now owns 29,092 shares of the company’s stock valued at $689,000 after purchasing an additional 712 shares during the period. Finally, Private Ocean LLC increased its stake in iShares Global REIT ETF by 8.8% during the 1st quarter. Private Ocean LLC now owns 9,786 shares of the company’s stock valued at $232,000 after purchasing an additional 795 shares in the last quarter.

iShares Global REIT ETF Stock Up 0.6 %

REET traded up $0.16 during trading on Friday, hitting $26.08. 2,781,575 shares of the company’s stock were exchanged, compared to its average volume of 602,540. The stock has a market cap of $3.97 billion, a P/E ratio of 19.98 and a beta of 0.92. The business’s 50 day moving average is $24.48 and its two-hundred day moving average is $23.53. iShares Global REIT ETF has a fifty-two week low of $19.69 and a fifty-two week high of $26.16.

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.