Phillips Financial Management LLC bought a new stake in shares of iShares Global REIT ETF (NYSEARCA:REET) in the 1st quarter, HoldingsChannel.com reports. The fund bought 72,314 shares of the company’s stock, valued at approximately $1,851,000.
Several other institutional investors have also made changes to their positions in REET. Jones Financial Companies Lllp grew its stake in shares of iShares Global REIT ETF by 793,954.9% during the first quarter. Jones Financial Companies Lllp now owns 3,573,247 shares of the company’s stock valued at $95,477,000 after acquiring an additional 3,572,797 shares in the last quarter. Riverview Trust Co bought a new position in shares of iShares Global REIT ETF during the fourth quarter worth about $8,884,000. BlackRock Inc. lifted its position in shares of iShares Global REIT ETF by 36.6% during the third quarter. BlackRock Inc. now owns 1,167,305 shares of the company’s stock worth $29,440,000 after purchasing an additional 313,001 shares during the last quarter. Lester Murray Antman dba SimplyRich bought a new position in shares of iShares Global REIT ETF during the first quarter worth about $7,476,000. Finally, Capstone Financial Advisors Inc. bought a new position in shares of iShares Global REIT ETF during the fourth quarter worth about $6,276,000.
NYSEARCA REET traded down $0.11 during trading hours on Friday, reaching $26.79. The company’s stock had a trading volume of 9,639 shares, compared to its average volume of 385,426. iShares Global REIT ETF has a 52 week low of $22.73 and a 52 week high of $27.01.
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Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET).
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