Money Design Co. Ltd. grew its stake in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 64.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 511,462 shares of the company’s stock after purchasing an additional 200,058 shares during the period. Money Design Co. Ltd. owned about 0.34% of iShares Global REIT ETF worth $12,183,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of REET. Bank of Montreal Can grew its holdings in iShares Global REIT ETF by 4.0% during the third quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock worth $75,834,000 after buying an additional 108,254 shares in the last quarter. Heritage Investment Group Inc. boosted its holdings in iShares Global REIT ETF by 1.1% during the 3rd quarter. Heritage Investment Group Inc. now owns 1,510,328 shares of the company’s stock worth $40,311,000 after acquiring an additional 16,103 shares during the last quarter. PDS Planning Inc grew its stake in shares of iShares Global REIT ETF by 8.9% in the 3rd quarter. PDS Planning Inc now owns 1,283,394 shares of the company’s stock worth $34,254,000 after acquiring an additional 104,588 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of iShares Global REIT ETF by 71.5% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock valued at $25,838,000 after purchasing an additional 403,494 shares during the last quarter. Finally, Diversified Portfolios Inc. boosted its holdings in iShares Global REIT ETF by 6.7% during the third quarter. Diversified Portfolios Inc. now owns 716,691 shares of the company’s stock worth $19,128,000 after purchasing an additional 45,134 shares during the last quarter.
iShares Global REIT ETF Stock Performance
Shares of REET stock opened at $24.35 on Wednesday. iShares Global REIT ETF has a 52-week low of $21.79 and a 52-week high of $27.24. The company has a 50-day simple moving average of $24.64 and a two-hundred day simple moving average of $25.33. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.
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.
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