Aegis Wealth Management LLC Sells 32,532 Shares of iShares Global REIT ETF $REET

Aegis Wealth Management LLC reduced its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 59.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 22,013 shares of the company’s stock after selling 32,532 shares during the quarter. Aegis Wealth Management LLC’s holdings in iShares Global REIT ETF were worth $549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Westfuller Advisors LLC acquired a new stake in iShares Global REIT ETF during the third quarter worth about $58,000. CoreCap Advisors LLC raised its holdings in iShares Global REIT ETF by 27,800.0% in the 3rd quarter. CoreCap Advisors LLC now owns 2,511 shares of the company’s stock valued at $64,000 after acquiring an additional 2,502 shares in the last quarter. United Financial Planning Group LLC bought a new stake in shares of iShares Global REIT ETF in the 3rd quarter worth approximately $64,000. Promus Capital LLC bought a new stake in shares of iShares Global REIT ETF in the 2nd quarter worth approximately $68,000. Finally, Triumph Capital Management bought a new stake in shares of iShares Global REIT ETF in the 3rd quarter worth approximately $91,000.

iShares Global REIT ETF Trading Down 1.0%

Shares of NYSEARCA:REET opened at $24.70 on Friday. The firm has a market capitalization of $4.29 billion, a PE ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 1-year low of $20.96 and a 1-year high of $27.44. The business’s 50 day moving average is $26.16 and its 200-day moving average is $25.61.

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.