Matrix Trust Co Acquires 33,107 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Matrix Trust Co lifted its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 672.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 38,027 shares of the company’s stock after purchasing an additional 33,107 shares during the period. Matrix Trust Co’s holdings in iShares Global REIT ETF were worth $912,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of REET. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Global REIT ETF by 10.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock valued at $107,274,000 after acquiring an additional 434,651 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of iShares Global REIT ETF by 71.5% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock valued at $25,838,000 after acquiring an additional 403,494 shares during the period. BNP Paribas Financial Markets grew its position in shares of iShares Global REIT ETF by 157.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock valued at $13,797,000 after acquiring an additional 316,102 shares during the period. Nicola Wealth Management LTD. grew its position in shares of iShares Global REIT ETF by 102.8% during the 3rd quarter. Nicola Wealth Management LTD. now owns 623,300 shares of the company’s stock valued at $16,636,000 after acquiring an additional 316,000 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of iShares Global REIT ETF by 78.5% during the 2nd quarter. Cetera Investment Advisers now owns 598,823 shares of the company’s stock valued at $13,923,000 after acquiring an additional 263,354 shares during the period.

iShares Global REIT ETF Stock Performance

Shares of iShares Global REIT ETF stock opened at $23.24 on Monday. The company has a market capitalization of $3.54 billion, a P/E ratio of 19.98 and a beta of 0.92. The company has a fifty day moving average of $25.00 and a 200 day moving average of $25.28. iShares Global REIT ETF has a fifty-two week low of $21.79 and a fifty-two week high of $27.24.

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.