Savant Capital LLC Has $61.40 Million Stake in iShares Global REIT ETF $REET

Savant Capital LLC trimmed its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 4.8% in the fourth quarter, HoldingsChannel reports. The firm owned 2,460,709 shares of the company’s stock after selling 123,560 shares during the period. Savant Capital LLC’s holdings in iShares Global REIT ETF were worth $61,395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of iShares Global REIT ETF during the fourth quarter worth $26,000. United Financial Planning Group LLC bought a new position in iShares Global REIT ETF during the third quarter worth about $64,000. CoreCap Advisors LLC lifted its holdings in iShares Global REIT ETF by 37.7% during the fourth quarter. CoreCap Advisors LLC now owns 3,457 shares of the company’s stock worth $86,000 after acquiring an additional 946 shares in the last quarter. Triumph Capital Management bought a new stake in shares of iShares Global REIT ETF in the third quarter valued at about $91,000. Finally, Private Trust Co. NA lifted its holdings in shares of iShares Global REIT ETF by 2,421.8% in the fourth quarter. Private Trust Co. NA now owns 4,514 shares of the company’s stock valued at $113,000 after purchasing an additional 4,335 shares in the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA:REET opened at $27.46 on Friday. The stock’s 50-day simple moving average is $26.57 and its 200 day simple moving average is $26.01. The company has a market cap of $4.81 billion, a P/E ratio of 29.27 and a beta of 0.94. iShares Global REIT ETF has a 52-week low of $24.28 and a 52-week high of $27.69.

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.