Morton Brown Family Wealth LLC Has $9.93 Million Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Morton Brown Family Wealth LLC boosted its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 5.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 371,914 shares of the company’s stock after purchasing an additional 18,781 shares during the quarter. iShares Global REIT ETF accounts for about 3.5% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 9th biggest position. Morton Brown Family Wealth LLC’s holdings in iShares Global REIT ETF were worth $9,926,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC raised its stake in iShares Global REIT ETF by 18.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 70,151 shares of the company’s stock valued at $1,661,000 after purchasing an additional 11,019 shares during the period. Mission Wealth Management LP grew its holdings in iShares Global REIT ETF by 27.1% in the 1st quarter. Mission Wealth Management LP now owns 21,705 shares of the company’s stock valued at $514,000 after buying an additional 4,627 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in iShares Global REIT ETF by 105.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 105,181 shares of the company’s stock worth $2,491,000 after purchasing an additional 54,093 shares during the last quarter. BNP Paribas Financial Markets increased its stake in iShares Global REIT ETF by 99.2% during the first quarter. BNP Paribas Financial Markets now owns 200,839 shares of the company’s stock valued at $4,756,000 after acquiring an additional 100,001 shares during the period. Finally, PDS Planning Inc lifted its position in shares of iShares Global REIT ETF by 4.0% in the 1st quarter. PDS Planning Inc now owns 1,138,555 shares of the company’s stock worth $26,961,000 after acquiring an additional 43,459 shares during the period.

iShares Global REIT ETF Trading Up 0.7 %

REET stock traded up $0.19 during midday trading on Monday, hitting $26.07. The stock had a trading volume of 1,222,097 shares, compared to its average volume of 611,362. The stock has a 50-day simple moving average of $26.26 and a 200 day simple moving average of $24.40. iShares Global REIT ETF has a 52 week low of $19.69 and a 52 week high of $27.24. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.

About iShares Global REIT ETF

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.