Bank of Montreal Can lessened its position in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 27.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,950,176 shares of the company’s stock after selling 756,418 shares during the quarter. Bank of Montreal Can owned about 1.24% of iShares Global REIT ETF worth $48,169,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in REET. Chilton Capital Management LLC bought a new stake in iShares Global REIT ETF in the second quarter worth $28,000. Tacita Capital Inc raised its holdings in iShares Global REIT ETF by 41.1% during the 1st quarter. Tacita Capital Inc now owns 4,262 shares of the company’s stock valued at $103,000 after buying an additional 1,242 shares during the period. AdvisorNet Financial Inc raised its holdings in iShares Global REIT ETF by 15.9% during the 2nd quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock valued at $103,000 after buying an additional 573 shares during the period. SouthState Corp purchased a new stake in iShares Global REIT ETF during the 1st quarter valued at $140,000. Finally, Fifth Third Bancorp purchased a new stake in iShares Global REIT ETF during the 2nd quarter valued at $146,000.
iShares Global REIT ETF Stock Performance
NYSEARCA:REET opened at $25.21 on Thursday. The stock’s fifty day moving average is $25.46 and its 200 day moving average is $24.96. iShares Global REIT ETF has a fifty-two week low of $20.96 and a fifty-two week high of $26.54. The firm has a market capitalization of $3.97 billion, a PE ratio of 29.27 and a beta of 0.99.
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.
See Also
- Five stocks we like better than iShares Global REIT ETF
- How to Buy Cheap Stocks Step by Step
- 3 Cash-Rich Stocks With High Growth Potential Right Now
- What is the Australian Securities Exchange (ASX)
- Why Vertical Aerospace Stock Could Double After This Flight Test
- What is a buyback in stocks? A comprehensive guide for investors
- Amazon: Breakout Confirmed—Here’s Where It Could Go Next
Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET – Free Report).
Receive News & Ratings for iShares Global REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
