iShares Global REIT ETF $REET Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. trimmed its position in iShares Global REIT ETF (NYSEARCA:REET) by 3.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 309,000 shares of the company’s stock after selling 12,000 shares during the period. Asset Management One Co. Ltd. owned approximately 0.20% of iShares Global REIT ETF worth $7,632,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in REET. Cambridge Investment Research Advisors Inc. increased its holdings in shares of iShares Global REIT ETF by 2.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock valued at $547,000 after buying an additional 557 shares in the last quarter. Valley National Advisers Inc. bought a new position in shares of iShares Global REIT ETF in the first quarter valued at $57,000. Morton Brown Family Wealth LLC increased its holdings in shares of iShares Global REIT ETF by 3.9% in the first quarter. Morton Brown Family Wealth LLC now owns 406,435 shares of the company’s stock valued at $9,860,000 after buying an additional 15,068 shares in the last quarter. Heritage Investment Group Inc. increased its holdings in shares of iShares Global REIT ETF by 2.9% in the first quarter. Heritage Investment Group Inc. now owns 1,558,893 shares of the company’s stock valued at $37,819,000 after buying an additional 43,349 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of iShares Global REIT ETF by 6.4% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,016,662 shares of the company’s stock valued at $24,664,000 after buying an additional 61,255 shares in the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA REET opened at $26.02 on Tuesday. The stock has a market capitalization of $4.10 billion, a P/E ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 1 year low of $20.96 and a 1 year high of $26.54. The business’s fifty day moving average is $25.46 and its two-hundred day moving average is $24.86.

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.