Royal Bank of Canada increased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 5.0% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 946,879 shares of the company’s stock after acquiring an additional 44,914 shares during the period. Royal Bank of Canada owned approximately 0.54% of iShares Global REIT ETF worth $23,813,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the company. SHP Wealth Management bought a new stake in shares of iShares Global REIT ETF in the fourth quarter worth $25,000. International Assets Investment Management LLC acquired a new stake in iShares Global REIT ETF during the fourth quarter worth about $26,000. Mascoma Wealth Management LLC acquired a new stake in shares of iShares Global REIT ETF during the 1st quarter worth approximately $33,000. EFG International AG bought a new stake in iShares Global REIT ETF in the fourth quarter valued at $50,000. Finally, Operose Advisors LLC lifted its position in iShares Global REIT ETF by 211.1% in the 4th quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after purchasing an additional 1,440 shares during the last quarter.
iShares Global REIT ETF Trading Up 0.2%
REET opened at $28.38 on Thursday. The business’s 50 day moving average is $27.84 and its 200-day moving average is $26.94. The stock has a market cap of $5.13 billion, a PE ratio of 29.27 and a beta of 0.92. iShares Global REIT ETF has a twelve month low of $24.53 and a twelve month high of $29.06.
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.
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