FSM Wealth Advisors LLC Buys Shares of 245,368 iShares Global REIT ETF (NYSEARCA:REET)

FSM Wealth Advisors LLC bought a new stake in iShares Global REIT ETF (NYSEARCA:REET) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 245,368 shares of the company’s stock, valued at approximately $6,549,000. iShares Global REIT ETF accounts for approximately 1.7% of FSM Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. FSM Wealth Advisors LLC owned 0.16% of iShares Global REIT ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Global REIT ETF by 10.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock worth $107,274,000 after purchasing an additional 434,651 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of iShares Global REIT ETF by 71.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock worth $25,838,000 after purchasing an additional 403,494 shares in the last quarter. Nepc LLC grew its stake in shares of iShares Global REIT ETF by 48.7% during the first quarter. Nepc LLC now owns 1,149,567 shares of the company’s stock worth $27,222,000 after purchasing an additional 376,424 shares in the last quarter. Valmark Advisers Inc. grew its stake in shares of iShares Global REIT ETF by 6.5% during the second quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock worth $127,717,000 after purchasing an additional 337,372 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares Global REIT ETF by 1,220.9% during the first quarter. Cetera Investment Advisers now owns 335,469 shares of the company’s stock worth $7,944,000 after purchasing an additional 310,072 shares in the last quarter.

iShares Global REIT ETF Price Performance

NYSEARCA REET opened at $25.51 on Tuesday. iShares Global REIT ETF has a 1 year low of $20.68 and a 1 year high of $27.24. The company has a market capitalization of $3.89 billion, a PE ratio of 19.98 and a beta of 0.92. The company has a fifty day moving average of $26.28 and a two-hundred day moving average of $24.55.

iShares Global REIT ETF Company 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.