Savant Capital LLC Has $63 Million Stake in iShares Global REIT ETF (NYSEARCA:REET)

Savant Capital LLC lowered its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,605,530 shares of the company’s stock after selling 77,318 shares during the period. iShares Global REIT ETF comprises 0.8% of Savant Capital LLC’s portfolio, making the stock its 24th largest holding. Savant Capital LLC owned approximately 1.90% of iShares Global REIT ETF worth $63,002,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Trust Co. of Vermont acquired a new stake in shares of iShares Global REIT ETF during the 3rd quarter valued at about $26,000. UMB Bank n.a. raised its holdings in shares of iShares Global REIT ETF by 1,339.6% in the 3rd quarter. UMB Bank n.a. now owns 2,001 shares of the company’s stock worth $42,000 after buying an additional 1,862 shares in the last quarter. ORG Partners LLC bought a new position in shares of iShares Global REIT ETF during the 4th quarter worth approximately $122,000. Orion Capital Management LLC acquired a new stake in iShares Global REIT ETF in the 3rd quarter valued at $108,000. Finally, Citigroup Inc. grew its position in iShares Global REIT ETF by 32.3% in the third quarter. Citigroup Inc. now owns 8,474 shares of the company’s stock valued at $179,000 after acquiring an additional 2,068 shares during the period.

iShares Global REIT ETF Stock Down 1.6 %

iShares Global REIT ETF stock traded down $0.37 during mid-day trading on Tuesday, hitting $22.12. 753,219 shares of the company were exchanged, compared to its average volume of 674,251. The company has a market capitalization of $3.38 billion, a PE ratio of 18.85 and a beta of 0.91. The business has a fifty day moving average of $23.03 and a 200 day moving average of $22.76. iShares Global REIT ETF has a 1-year low of $19.69 and a 1-year high of $24.65.

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.