iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. lessened its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,232 shares of the company’s stock after selling 4,511 shares during the period. Sumitomo Mitsui Financial Group Inc. owned approximately 0.06% of iShares Global REIT ETF worth $2,139,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of REET. FMR LLC grew its holdings in iShares Global REIT ETF by 391.4% during the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock worth $36,000 after acquiring an additional 1,088 shares in the last quarter. Sava Infond d.o.o. acquired a new position in shares of iShares Global REIT ETF during the 4th quarter worth about $40,000. SRS Capital Advisors Inc. purchased a new position in shares of iShares Global REIT ETF in the 4th quarter valued at about $51,000. Heck Capital Advisors LLC acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter worth about $62,000. Finally, Trust Co. of Vermont lifted its stake in iShares Global REIT ETF by 151.1% during the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock worth $93,000 after purchasing an additional 2,336 shares during the last quarter.

iShares Global REIT ETF Trading Down 4.6 %

Shares of NYSEARCA:REET opened at $22.62 on Monday. The firm has a 50 day simple moving average of $24.44 and a 200-day simple moving average of $25.01. The company has a market capitalization of $3.53 billion, a PE ratio of 26.39 and a beta of 1.08. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24.

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.