Harvest Fund Management Co. Ltd acquired a new stake in iShares Global REIT ETF (NYSEARCA:REET – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 13,808 shares of the company’s stock, valued at approximately $369,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new position in iShares Global REIT ETF in the 3rd quarter valued at approximately $39,000. Silver Lake Advisory LLC acquired a new position in shares of iShares Global REIT ETF in the second quarter worth approximately $269,000. Valmark Advisers Inc. increased its position in iShares Global REIT ETF by 6.5% during the 2nd quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock valued at $127,717,000 after purchasing an additional 337,372 shares during the period. Aptus Capital Advisors LLC boosted its stake in shares of iShares Global REIT ETF by 9.6% in the 2nd quarter. Aptus Capital Advisors LLC now owns 13,900 shares of the company’s stock valued at $323,000 after purchasing an additional 1,221 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in iShares Global REIT ETF during the second quarter worth $104,000.
iShares Global REIT ETF Price Performance
Shares of NYSEARCA:REET opened at $26.19 on Wednesday. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The business’s 50-day moving average is $26.06 and its 200-day moving average is $24.91.
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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