Foster Group Inc. Has $1.22 Million Stake in iShares Global REIT ETF (NYSEARCA:REET)

Foster Group Inc. cut its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 45.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,744 shares of the company’s stock after selling 42,959 shares during the period. Foster Group Inc.’s holdings in iShares Global REIT ETF were worth $1,216,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in iShares Global REIT ETF by 71.5% in 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 acquiring an additional 403,494 shares in the last quarter. BNP Paribas Financial Markets increased its position in iShares Global REIT ETF by 157.4% during the third quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock worth $13,797,000 after buying an additional 316,102 shares during the last quarter. Nicola Wealth Management LTD. raised its holdings in iShares Global REIT ETF by 102.8% during the third quarter. Nicola Wealth Management LTD. now owns 623,300 shares of the company’s stock valued at $16,636,000 after buying an additional 316,000 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of iShares Global REIT ETF by 78.5% in the second quarter. Cetera Investment Advisers now owns 598,823 shares of the company’s stock worth $13,923,000 after buying an additional 263,354 shares during the last quarter. Finally, FSM Wealth Advisors LLC acquired a new position in shares of iShares Global REIT ETF during the 3rd quarter valued at about $6,549,000.

iShares Global REIT ETF Stock Performance

Shares of REET stock opened at $24.35 on Wednesday. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. The stock’s 50 day simple moving average is $24.64 and its 200 day simple moving average is $25.33. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24.

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.