Heritage Investment Group Inc. Raises Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

Heritage Investment Group Inc. increased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 1.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,510,328 shares of the company’s stock after purchasing an additional 16,103 shares during the quarter. iShares Global REIT ETF accounts for 7.7% of Heritage Investment Group Inc.’s portfolio, making the stock its 5th biggest position. Heritage Investment Group Inc.’s holdings in iShares Global REIT ETF were worth $40,311,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Signature Estate & Investment Advisors LLC acquired a new position in iShares Global REIT ETF in the third quarter valued at about $227,000. Diversified Portfolios Inc. grew its position in shares of iShares Global REIT ETF by 6.7% during the 3rd quarter. Diversified Portfolios Inc. now owns 716,691 shares of the company’s stock worth $19,128,000 after buying an additional 45,134 shares during the period. Nicola Wealth Management LTD. increased its stake in shares of iShares Global REIT ETF by 102.8% in the 3rd quarter. Nicola Wealth Management LTD. now owns 623,300 shares of the company’s stock valued at $16,636,000 after acquiring an additional 316,000 shares during the last quarter. Empower Advisory Group LLC acquired a new stake in shares of iShares Global REIT ETF in the 3rd quarter valued at approximately $205,000. Finally, Aptus Capital Advisors LLC boosted its stake in iShares Global REIT ETF by 18.1% during the 3rd quarter. Aptus Capital Advisors LLC now owns 16,422 shares of the company’s stock worth $438,000 after acquiring an additional 2,522 shares during the last quarter.

iShares Global REIT ETF Stock Up 0.4 %

NYSEARCA REET traded up $0.10 during trading on Friday, reaching $25.44. 800,294 shares of the stock traded hands, compared to its average volume of 614,594. The stock’s 50-day moving average price is $26.20 and its 200 day moving average price is $24.71. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a fifty-two week low of $21.68 and a fifty-two week high of $27.24.

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.