Sumitomo Mitsui DS Asset Management Company Ltd trimmed its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,730,143 shares of the company’s stock after selling 66,106 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned about 1.00% of iShares Global REIT ETF worth $43,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. Westfuller Advisors LLC bought a new position in shares of iShares Global REIT ETF during the third quarter valued at approximately $58,000. CoreCap Advisors LLC raised its stake in iShares Global REIT ETF by 27,800.0% in the third quarter. CoreCap Advisors LLC now owns 2,511 shares of the company’s stock worth $64,000 after buying an additional 2,502 shares in the last quarter. United Financial Planning Group LLC bought a new position in iShares Global REIT ETF in the third quarter worth approximately $64,000. Triumph Capital Management purchased a new stake in iShares Global REIT ETF during the third quarter worth $91,000. Finally, Private Trust Co. NA lifted its holdings in iShares Global REIT ETF by 2,421.8% during the fourth quarter. Private Trust Co. NA now owns 4,514 shares of the company’s stock worth $113,000 after buying an additional 4,335 shares during the period.
iShares Global REIT ETF Trading Up 0.6%
Shares of NYSEARCA REET opened at $27.18 on Wednesday. iShares Global REIT ETF has a 12-month low of $23.98 and a 12-month high of $27.50. The stock’s fifty day simple moving average is $26.34 and its two-hundred day simple moving average is $25.80. The stock has a market capitalization of $4.76 billion, a PE ratio of 29.27 and a beta of 0.94.
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.
Further Reading
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