iShares Global REIT ETF (NYSEARCA:REET) Shares Bought by M&T Bank Corp

M&T Bank Corp raised its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 13.1% during the 4th quarter, Holdings Channel reports. The firm owned 4,481,366 shares of the company’s stock after buying an additional 520,038 shares during the quarter. M&T Bank Corp’s holdings in iShares Global REIT ETF were worth $107,419,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of REET. Exencial Wealth Advisors LLC lifted its position in iShares Global REIT ETF by 17.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 75,511 shares of the company’s stock worth $1,810,000 after buying an additional 11,031 shares in the last quarter. Nicola Wealth Management LTD. grew its stake in iShares Global REIT ETF by 57.0% during the 4th quarter. Nicola Wealth Management LTD. now owns 978,300 shares of the company’s stock worth $23,450,000 after purchasing an additional 355,000 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in iShares Global REIT ETF by 1,800.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,187 shares of the company’s stock worth $124,000 after purchasing an additional 4,914 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares Global REIT ETF by 21.0% during the 4th quarter. Jones Financial Companies Lllp now owns 35,364 shares of the company’s stock worth $848,000 after buying an additional 6,129 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its holdings in iShares Global REIT ETF by 5.3% during the 4th quarter. Modera Wealth Management LLC now owns 996,506 shares of the company’s stock worth $23,886,000 after buying an additional 50,046 shares during the last quarter.

iShares Global REIT ETF Stock Performance

iShares Global REIT ETF stock opened at $24.88 on Wednesday. iShares Global REIT ETF has a fifty-two week low of $21.79 and a fifty-two week high of $27.24. The company has a market capitalization of $3.85 billion, a P/E ratio of 28.31 and a beta of 1.07. The stock has a 50-day simple moving average of $24.31 and a 200-day simple moving average of $25.33.

iShares Global REIT ETF Company 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.