Fiduciary Financial Group LLC Purchases 28,551 Shares of iShares Global REIT ETF $REET

Fiduciary Financial Group LLC raised its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 13.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 239,851 shares of the company’s stock after buying an additional 28,551 shares during the period. iShares Global REIT ETF comprises approximately 0.8% of Fiduciary Financial Group LLC’s investment portfolio, making the stock its 28th biggest position. Fiduciary Financial Group LLC’s holdings in iShares Global REIT ETF were worth $6,625,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. PDS Planning Inc grew its position in iShares Global REIT ETF by 4.3% in the 4th quarter. PDS Planning Inc now owns 1,533,569 shares of the company’s stock valued at $38,263,000 after acquiring an additional 62,927 shares during the last quarter. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of iShares Global REIT ETF during the fourth quarter worth $12,605,000. HighTower Advisors LLC boosted its stake in shares of iShares Global REIT ETF by 3.3% during the fourth quarter. HighTower Advisors LLC now owns 1,249,750 shares of the company’s stock valued at $31,181,000 after purchasing an additional 39,360 shares during the period. XY Planning Network Inc. boosted its stake in shares of iShares Global REIT ETF by 106.1% during the fourth quarter. XY Planning Network Inc. now owns 120,869 shares of the company’s stock valued at $3,016,000 after purchasing an additional 62,218 shares during the period. Finally, State of New Jersey Common Pension Fund D bought a new position in shares of iShares Global REIT ETF in the fourth quarter worth about $294,086,000.

iShares Global REIT ETF Price Performance

REET stock opened at $27.68 on Wednesday. iShares Global REIT ETF has a 12 month low of $24.53 and a 12 month high of $29.06. The firm’s 50-day moving average is $27.91 and its 200 day moving average is $27.00. The company has a market capitalization of $5.01 billion, a PE ratio of 29.27 and a beta of 0.92.

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.