Bailard Inc. grew its stake in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 0.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 301,334 shares of the company’s stock after purchasing an additional 1,624 shares during the quarter. Bailard Inc. owned about 0.20% of iShares Global REIT ETF worth $7,006,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in REET. Principal Securities Inc. bought a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at approximately $46,000. Elevate Wealth Advisory Inc. purchased a new stake in iShares Global REIT ETF in the fourth quarter worth about $65,000. IAG Wealth Partners LLC purchased a new stake in iShares Global REIT ETF in the second quarter worth about $92,000. SYM FINANCIAL Corp bought a new position in shares of iShares Global REIT ETF during the first quarter valued at approximately $111,000. Finally, ORG Partners LLC purchased a new position in shares of iShares Global REIT ETF during the second quarter valued at approximately $117,000.
iShares Global REIT ETF Stock Performance
Shares of iShares Global REIT ETF stock traded up $0.02 during midday trading on Monday, hitting $25.99. The company had a trading volume of 217,379 shares, compared to its average volume of 589,432. The company has a 50 day moving average of $24.25 and a 200 day moving average of $23.45. The stock has a market capitalization of $3.96 billion, a P/E ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 52-week low of $19.69 and a 52-week high of $26.16.
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.
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