iShares Global REIT ETF (NYSEARCA:REET – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,400,595 shares, an increase of 118.6% from the September 15th total of 640,620 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 2,767,312 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Trading of iShares Global REIT ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. SC&H Financial Advisors Inc. increased its position in shares of iShares Global REIT ETF by 1.6% during the 3rd quarter. SC&H Financial Advisors Inc. now owns 111,670 shares of the company’s stock valued at $2,879,000 after purchasing an additional 1,795 shares during the last quarter. Navigate Wealth Management LLC boosted its holdings in shares of iShares Global REIT ETF by 19.3% in the 3rd quarter. Navigate Wealth Management LLC now owns 26,611 shares of the company’s stock worth $684,000 after buying an additional 4,299 shares during the last quarter. XY Planning Network Inc. boosted its holdings in shares of iShares Global REIT ETF by 4.1% in the 3rd quarter. XY Planning Network Inc. now owns 139,327 shares of the company’s stock worth $3,592,000 after buying an additional 5,487 shares during the last quarter. Factor Wealth Management LTD boosted its holdings in shares of iShares Global REIT ETF by 6.1% in the 3rd quarter. Factor Wealth Management LTD now owns 87,097 shares of the company’s stock worth $2,245,000 after buying an additional 4,993 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in iShares Global REIT ETF by 16.8% during the third quarter. CoreCap Advisors LLC now owns 5,685 shares of the company’s stock valued at $147,000 after buying an additional 818 shares during the period.
iShares Global REIT ETF Trading Up 0.8%
iShares Global REIT ETF stock traded up $0.20 during trading on Thursday, hitting $25.86. 985,487 shares of the company were exchanged, compared to its average volume of 2,373,919. The business’s 50 day moving average is $26.93 and its 200 day moving average is $27.21. iShares Global REIT ETF has a 52 week low of $24.65 and a 52 week high of $29.06. The company has a market capitalization of $4.67 billion, a P/E ratio of 29.27 and a beta of 0.91.
iShares Global REIT ETF Company 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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