iShares Global REIT ETF (NYSEARCA:REET – Get Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as $21.58 and last traded at $21.61, with a volume of 151349 shares changing hands. The stock had previously closed at $22.62.
iShares Global REIT ETF Price Performance
The firm has a market cap of $3.42 billion, a P/E ratio of 26.39 and a beta of 1.08. The company’s 50-day moving average is $24.44 and its two-hundred day moving average is $25.01.
Institutional Trading of iShares Global REIT ETF
A number of hedge funds have recently made changes to their positions in the company. Brooklyn FI LLC boosted its stake in shares of iShares Global REIT ETF by 6,573.1% in the 4th quarter. Brooklyn FI LLC now owns 15,061,248 shares of the company’s stock valued at $384,369,000 after purchasing an additional 14,835,546 shares during the last quarter. Hsbc Holdings PLC boosted its position in iShares Global REIT ETF by 35.2% during the fourth quarter. Hsbc Holdings PLC now owns 5,681,021 shares of the company’s stock valued at $136,174,000 after acquiring an additional 1,480,000 shares during the last quarter. Valmark Advisers Inc. boosted its position in iShares Global REIT ETF by 5.5% during the fourth quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after acquiring an additional 294,000 shares during the last quarter. M&T Bank Corp grew its holdings in iShares Global REIT ETF by 13.1% during the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock worth $107,419,000 after acquiring an additional 520,038 shares during the period. Finally, SageView Advisory Group LLC lifted its stake in iShares Global REIT ETF by 24.1% in the fourth quarter. SageView Advisory Group LLC now owns 2,377,760 shares of the company’s stock valued at $56,995,000 after buying an additional 461,046 shares during the period.
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.
Recommended Stories
- Five stocks we like better than iShares Global REIT ETF
- Stock Market Sectors: What Are They and How Many Are There?
- Options Activity Points to More Volatility for Palantir Stock
- 3 Small Caps With Big Return Potential
- NVIDIA Stock: Oversold, Undervalued — How Low Can It Go?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- MicroStrategy Sees Insider Buy-Sell Action in Q1
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.
