iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by SVB Wealth LLC

SVB Wealth LLC reduced its position in iShares Global REIT ETF (NYSEARCA:REET) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 642,795 shares of the company’s stock after selling 60,275 shares during the quarter. SVB Wealth LLC’s holdings in iShares Global REIT ETF were worth $15,543,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of REET. BlackRock Inc. grew its position in shares of iShares Global REIT ETF by 0.4% during the second quarter. BlackRock Inc. now owns 7,689,380 shares of the company’s stock worth $176,625,000 after buying an additional 33,152 shares in the last quarter. Morgan Stanley grew its position in shares of iShares Global REIT ETF by 4.2% during the fourth quarter. Morgan Stanley now owns 5,176,660 shares of the company’s stock worth $117,562,000 after buying an additional 207,716 shares in the last quarter. M&T Bank Corp lifted its stake in iShares Global REIT ETF by 5.1% during the third quarter. M&T Bank Corp now owns 4,537,978 shares of the company’s stock worth $96,114,000 after purchasing an additional 221,751 shares during the last quarter. Savant Capital LLC lifted its stake in iShares Global REIT ETF by 2.6% during the third quarter. Savant Capital LLC now owns 2,682,848 shares of the company’s stock worth $56,796,000 after purchasing an additional 67,163 shares during the last quarter. Finally, Partners Capital Investment Group LLP lifted its stake in iShares Global REIT ETF by 1.8% during the first quarter. Partners Capital Investment Group LLP now owns 1,716,007 shares of the company’s stock worth $39,348,000 after purchasing an additional 31,078 shares during the last quarter.

iShares Global REIT ETF Trading Down 1.1 %

REET stock traded down $0.25 during trading on Tuesday, hitting $21.98. 233,043 shares of the company’s stock were exchanged, compared to its average volume of 676,911. The business has a 50-day moving average price of $23.23 and a two-hundred day moving average price of $22.68. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 19.38 and a beta of 0.92. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $24.65.

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.