Corient Private Wealth LLC Has $8.27 Million Holdings in iShares Global REIT ETF $REET

Corient Private Wealth LLC lifted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 289.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,374 shares of the company’s stock after acquiring an additional 246,215 shares during the period. Corient Private Wealth LLC owned approximately 0.19% of iShares Global REIT ETF worth $8,268,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in REET. State of New Jersey Common Pension Fund D bought a new position in iShares Global REIT ETF during the 4th quarter worth about $294,086,000. Valmark Advisers Inc. lifted its holdings in shares of iShares Global REIT ETF by 3.9% in the fourth quarter. Valmark Advisers Inc. now owns 6,283,171 shares of the company’s stock valued at $156,765,000 after purchasing an additional 237,762 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Global REIT ETF by 12.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,117,917 shares of the company’s stock valued at $152,642,000 after purchasing an additional 692,016 shares in the last quarter. Polianta Ltd acquired a new position in shares of iShares Global REIT ETF during the fourth quarter worth about $90,668,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of iShares Global REIT ETF by 167.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,484,686 shares of the company’s stock worth $86,943,000 after buying an additional 2,181,940 shares during the period.

iShares Global REIT ETF Stock Performance

NYSEARCA:REET opened at $27.65 on Thursday. The stock has a 50-day simple moving average of $27.24 and a 200 day simple moving average of $26.28. iShares Global REIT ETF has a 52-week low of $24.28 and a 52-week high of $27.99. The company has a market cap of $4.85 billion, a PE ratio of 29.27 and a beta of 0.93.

iShares Global REIT ETF Company 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.