Morton Brown Family Wealth LLC Buys 19,487 Shares of iShares Global REIT ETF $REET

Morton Brown Family Wealth LLC lifted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 4.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 491,027 shares of the company’s stock after purchasing an additional 19,487 shares during the period. iShares Global REIT ETF accounts for 3.3% of Morton Brown Family Wealth LLC’s holdings, making the stock its 10th biggest position. Morton Brown Family Wealth LLC’s holdings in iShares Global REIT ETF were worth $12,349,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in REET. SHP Wealth Management bought a new position in shares of iShares Global REIT ETF in the fourth quarter valued at $25,000. International Assets Investment Management LLC bought a new stake in iShares Global REIT ETF during the fourth quarter worth $26,000. EFG International AG bought a new stake in iShares Global REIT ETF during the fourth quarter worth $50,000. Operose Advisors LLC lifted its stake in iShares Global REIT ETF by 211.1% in the fourth quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after acquiring an additional 1,440 shares during the last quarter. Finally, American Trust bought a new position in shares of iShares Global REIT ETF in the 4th quarter valued at about $62,000.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock opened at $27.81 on Friday. The company’s 50-day moving average is $27.26 and its 200-day moving average is $26.30. The firm has a market capitalization of $4.88 billion, a PE ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a fifty-two week low of $24.28 and a fifty-two week high of $27.99.

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.