Valmark Advisers Inc. Has $135.32 Million Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

Valmark Advisers Inc. raised its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,645,446 shares of the company’s stock after buying an additional 294,000 shares during the quarter. iShares Global REIT ETF comprises 2.1% of Valmark Advisers Inc.’s portfolio, making the stock its 13th biggest position. Valmark Advisers Inc. owned 3.71% of iShares Global REIT ETF worth $135,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of REET. Claro Advisors LLC lifted its holdings in shares of iShares Global REIT ETF by 421.0% during the 3rd quarter. Claro Advisors LLC now owns 53,836 shares of the company’s stock valued at $1,437,000 after purchasing an additional 43,503 shares in the last quarter. RFP Financial Group LLC lifted its stake in iShares Global REIT ETF by 0.6% in the 3rd quarter. RFP Financial Group LLC now owns 159,726 shares of the company’s stock valued at $4,263,000 after acquiring an additional 878 shares in the last quarter. International Assets Investment Management LLC lifted its stake in iShares Global REIT ETF by 2,592.7% in the 3rd quarter. International Assets Investment Management LLC now owns 77,630 shares of the company’s stock valued at $2,072,000 after acquiring an additional 74,747 shares in the last quarter. Ballentine Partners LLC bought a new stake in iShares Global REIT ETF in the 3rd quarter valued at approximately $232,000. Finally, Kooman & Associates lifted its stake in iShares Global REIT ETF by 3.8% in the 3rd quarter. Kooman & Associates now owns 225,007 shares of the company’s stock valued at $6,005,000 after acquiring an additional 8,247 shares in the last quarter.

iShares Global REIT ETF Stock Down 0.4 %

Shares of iShares Global REIT ETF stock opened at $24.71 on Friday. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The stock has a market cap of $3.76 billion, a P/E ratio of 19.98 and a beta of 0.92. The business’s 50 day moving average is $24.25 and its 200-day moving average is $25.32.

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.