Abel Hall LLC Sells 2,352 Shares of iShares Global REIT ETF $REET

Abel Hall LLC reduced its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 13.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,240 shares of the company’s stock after selling 2,352 shares during the period. Abel Hall LLC’s holdings in iShares Global REIT ETF were worth $376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of REET. Partners Capital Investment Group LLP grew its position in iShares Global REIT ETF by 62.5% during the first quarter. Partners Capital Investment Group LLP now owns 3,171,017 shares of the company’s stock valued at $76,929,000 after acquiring an additional 1,220,103 shares during the last quarter. M&T Bank Corp grew its holdings in shares of iShares Global REIT ETF by 9.7% in the first quarter. M&T Bank Corp now owns 4,917,036 shares of the company’s stock worth $119,287,000 after purchasing an additional 435,670 shares during the last quarter. Vestmark Advisory Solutions Inc. bought a new position in shares of iShares Global REIT ETF in the first quarter worth approximately $8,127,000. Amundi grew its holdings in shares of iShares Global REIT ETF by 83.3% in the first quarter. Amundi now owns 700,000 shares of the company’s stock worth $16,597,000 after purchasing an additional 318,100 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Global REIT ETF by 6.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,880,660 shares of the company’s stock worth $118,405,000 after purchasing an additional 311,477 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of iShares Global REIT ETF stock opened at $25.37 on Wednesday. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $26.54. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of 29.27 and a beta of 0.93. The company’s 50 day moving average price is $25.24 and its 200-day moving average price is $24.65.

About iShares Global REIT ETF

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.