Nolet Wealth Management LLC Makes New Investment in iShares Global REIT ETF $REET

Nolet Wealth Management LLC acquired a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 20,121 shares of the company’s stock, valued at approximately $502,000.

Several other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in iShares Global REIT ETF by 23.4% during the first quarter. NewEdge Advisors LLC now owns 47,066 shares of the company’s stock worth $1,142,000 after buying an additional 8,938 shares in the last quarter. Cresset Asset Management LLC increased its holdings in iShares Global REIT ETF by 4.8% in the second quarter. Cresset Asset Management LLC now owns 29,310 shares of the company’s stock valued at $724,000 after buying an additional 1,337 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in iShares Global REIT ETF by 41.1% in the second quarter. Qube Research & Technologies Ltd now owns 46,006 shares of the company’s stock valued at $1,136,000 after buying an additional 13,410 shares in the last quarter. Peapack Gladstone Financial Corp raised its position in shares of iShares Global REIT ETF by 10.8% in the second quarter. Peapack Gladstone Financial Corp now owns 15,092 shares of the company’s stock worth $373,000 after acquiring an additional 1,466 shares during the period. Finally, Betterment LLC raised its position in shares of iShares Global REIT ETF by 44.1% in the second quarter. Betterment LLC now owns 15,906 shares of the company’s stock worth $393,000 after acquiring an additional 4,871 shares during the period.

iShares Global REIT ETF Stock Up 0.1%

REET stock opened at $27.06 on Friday. The company’s 50-day simple moving average is $27.16 and its 200-day simple moving average is $26.22. iShares Global REIT ETF has a 52-week low of $24.28 and a 52-week high of $27.99. The firm has a market cap of $4.74 billion, a P/E ratio of 29.27 and a beta of 0.93.

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.