Heritage Investment Group Inc. Boosts Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Heritage Investment Group Inc. lifted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,510,328 shares of the company’s stock after acquiring an additional 16,103 shares during the quarter. iShares Global REIT ETF comprises approximately 7.7% of Heritage Investment Group Inc.’s holdings, making the stock its 5th largest position. Heritage Investment Group Inc. owned about 0.99% of iShares Global REIT ETF worth $40,311,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in REET. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Global REIT ETF by 10.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock worth $107,274,000 after acquiring an additional 434,651 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of iShares Global REIT ETF by 71.5% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock worth $25,838,000 after purchasing an additional 403,494 shares during the period. Nepc LLC lifted its position in shares of iShares Global REIT ETF by 48.7% during the 1st quarter. Nepc LLC now owns 1,149,567 shares of the company’s stock worth $27,222,000 after purchasing an additional 376,424 shares during the last quarter. Valmark Advisers Inc. boosted its stake in iShares Global REIT ETF by 6.5% during the 2nd quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock valued at $127,717,000 after purchasing an additional 337,372 shares during the period. Finally, Nicola Wealth Management LTD. grew its holdings in iShares Global REIT ETF by 102.8% in the 3rd quarter. Nicola Wealth Management LTD. now owns 623,300 shares of the company’s stock valued at $16,636,000 after buying an additional 316,000 shares during the last quarter.

iShares Global REIT ETF Stock Up 0.4 %

NYSEARCA REET traded up $0.10 during trading on Friday, hitting $25.44. The company’s stock had a trading volume of 800,294 shares, compared to its average volume of 614,594. iShares Global REIT ETF has a 52 week low of $21.68 and a 52 week high of $27.24. The firm has a market cap of $3.88 billion, a P/E ratio of 19.98 and a beta of 0.92. The firm has a 50 day moving average price of $26.20 and a 200 day moving average price of $24.71.

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.