Breakwater Investment Management Acquires 551 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Breakwater Investment Management lifted its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 12.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,095 shares of the company’s stock after acquiring an additional 551 shares during the period. Breakwater Investment Management’s holdings in iShares Global REIT ETF were worth $122,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC grew its holdings in iShares Global REIT ETF by 17.2% during the 4th quarter. Ameritas Advisory Services LLC now owns 18,817 shares of the company’s stock valued at $451,000 after buying an additional 2,757 shares in the last quarter. Trust Co. of Vermont grew its stake in iShares Global REIT ETF by 151.1% during the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after acquiring an additional 2,336 shares in the last quarter. Alhambra Investment Management LLC increased its holdings in iShares Global REIT ETF by 11.1% in the 4th quarter. Alhambra Investment Management LLC now owns 169,155 shares of the company’s stock valued at $4,055,000 after acquiring an additional 16,903 shares during the last quarter. Total Wealth Planning LLC purchased a new stake in iShares Global REIT ETF in the 4th quarter worth $537,000. Finally, Apella Capital LLC bought a new position in shares of iShares Global REIT ETF during the 4th quarter valued at about $2,633,000.

iShares Global REIT ETF Trading Down 0.1 %

Shares of REET stock opened at $24.02 on Tuesday. The stock’s 50-day moving average price is $24.77 and its 200-day moving average price is $25.30. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The stock has a market capitalization of $3.66 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.