iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by Aire Advisors LLC

Aire Advisors LLC decreased its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 9.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,379 shares of the company’s stock after selling 2,098 shares during the quarter. Aire Advisors LLC’s holdings in iShares Global REIT ETF were worth $465,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of REET. Harvest Fund Management Co. Ltd acquired a new stake in iShares Global REIT ETF during the 3rd quarter worth about $369,000. Diversified LLC boosted its stake in shares of iShares Global REIT ETF by 10.8% during the 3rd quarter. Diversified LLC now owns 76,619 shares of the company’s stock valued at $2,045,000 after buying an additional 7,492 shares during the period. Bank of Montreal Can grew its holdings in shares of iShares Global REIT ETF by 4.0% during the 3rd quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock valued at $75,834,000 after acquiring an additional 108,254 shares in the last quarter. FMR LLC increased its stake in shares of iShares Global REIT ETF by 391.4% in the third quarter. FMR LLC now owns 1,366 shares of the company’s stock worth $36,000 after acquiring an additional 1,088 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of iShares Global REIT ETF by 157.4% during the third quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock worth $13,797,000 after acquiring an additional 316,102 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA REET opened at $24.34 on Tuesday. iShares Global REIT ETF has a one year low of $21.79 and a one year high of $27.24. The business’s 50-day moving average price is $24.45 and its two-hundred day moving average price is $25.18. The company has a market capitalization of $3.77 billion, a P/E ratio of 26.66 and a beta of 1.08.

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.