iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC trimmed its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 7.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 44,406 shares of the company’s stock after selling 3,413 shares during the quarter. Larson Financial Group LLC’s holdings in iShares Global REIT ETF were worth $1,064,000 as of its most recent SEC filing.

Other large investors 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 third quarter worth approximately $39,000. Stifel Financial Corp increased 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 worth $276,000 after buying an additional 814 shares during the period. FMR LLC increased its stake in shares of iShares Global REIT ETF by 391.4% during the third quarter. FMR LLC now owns 1,366 shares of the company’s stock worth $36,000 after buying an additional 1,088 shares during the period. Nisa Investment Advisors LLC purchased a new stake in shares of iShares Global REIT ETF during the fourth quarter worth approximately $2,387,000. Finally, Allworth Financial LP increased its stake in shares of iShares Global REIT ETF by 57,930.0% during the fourth quarter. Allworth Financial LP now owns 5,803 shares of the company’s stock worth $140,000 after buying an additional 5,793 shares during the period.

iShares Global REIT ETF Stock Performance

REET stock opened at $24.66 on Friday. The company’s 50 day moving average price is $24.35 and its 200 day moving average price is $25.32. iShares Global REIT ETF has a fifty-two week low of $21.79 and a fifty-two week high of $27.24. The firm has a market capitalization of $3.81 billion, a price-to-earnings 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.