Diversified Enterprises LLC Sells 59,849 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Diversified Enterprises LLC trimmed its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 78.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,770 shares of the company’s stock after selling 59,849 shares during the quarter. Diversified Enterprises LLC’s holdings in iShares Global REIT ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC grew 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 valued at $36,000 after purchasing an additional 1,088 shares during the last quarter. SRS Capital Advisors Inc. bought a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at approximately $51,000. Heck Capital Advisors LLC bought a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at approximately $62,000. Trust Co. of Vermont grew its stake in shares of iShares Global REIT ETF by 151.1% during the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after purchasing an additional 2,336 shares during the last quarter. Finally, Breakwater Investment Management grew its stake in shares of iShares Global REIT ETF by 12.1% during the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after purchasing an additional 551 shares during the last quarter.

iShares Global REIT ETF Price Performance

REET opened at $24.20 on Friday. iShares Global REIT ETF has a one year low of $21.79 and a one year high of $27.24. The company’s 50 day simple moving average is $24.37 and its 200-day simple moving average is $25.26. The stock has a market capitalization of $3.75 billion, a P/E ratio of 26.66 and a beta of 1.08.

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.