Phillips Financial Management LLC Buys Shares of 72,314 iShares Global REIT ETF (REET)

Share on StockTwits

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.

ILLEGAL ACTIVITY WARNING: This news story was reported by Macon Daily and is the property of of Macon Daily. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://macondaily.com/2019/05/17/phillips-financial-management-llc-buys-shares-of-72314-ishares-global-reit-etf-reet.html.

Read More: Why are gap-down stocks important?

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).

Institutional Ownership by Quarter for iShares Global REIT ETF (NYSEARCA:REET)

Receive News & Ratings for iShares Global REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.