Leo Wealth LLC Invests $490,000 in iShares Global REIT ETF (NYSEARCA:REET)

Leo Wealth LLC bought a new stake in iShares Global REIT ETF (NYSEARCA:REET) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 20,262 shares of the company’s stock, valued at approximately $490,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of REET. M&T Bank Corp grew its stake in iShares Global REIT ETF by 12.9% in the 4th quarter. M&T Bank Corp now owns 5,123,411 shares of the company’s stock valued at $123,884,000 after acquiring an additional 585,433 shares during the last quarter. Oxford Financial Group LTD. LLC grew its position in shares of iShares Global REIT ETF by 874.8% in the fourth quarter. Oxford Financial Group LTD. LLC now owns 2,559,808 shares of the company’s stock valued at $61,896,000 after purchasing an additional 2,297,209 shares during the last quarter. SageView Advisory Group LLC increased its stake in shares of iShares Global REIT ETF by 43.1% during the 4th quarter. SageView Advisory Group LLC now owns 2,378,756 shares of the company’s stock worth $55,449,000 after purchasing an additional 716,890 shares in the last quarter. Partners Capital Investment Group LLP raised its position in shares of iShares Global REIT ETF by 0.8% during the 4th quarter. Partners Capital Investment Group LLP now owns 2,329,884 shares of the company’s stock worth $56,337,000 after purchasing an additional 19,244 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in iShares Global REIT ETF by 9.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,596,274 shares of the company’s stock valued at $38,598,000 after buying an additional 131,423 shares in the last quarter.

iShares Global REIT ETF Trading Down 0.2 %

Shares of iShares Global REIT ETF stock traded down $0.04 during trading hours on Monday, reaching $23.00. 371,111 shares of the company’s stock were exchanged, compared to its average volume of 593,296. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $24.65. The company has a fifty day moving average of $22.80 and a 200-day moving average of $23.22. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.

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.