iShares Global REIT ETF $REET Shares Sold by SVB Wealth LLC

SVB Wealth LLC trimmed its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 54.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,817 shares of the company’s stock after selling 76,430 shares during the period. SVB Wealth LLC’s holdings in iShares Global REIT ETF were worth $1,576,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Chilton Capital Management LLC purchased a new position in iShares Global REIT ETF in the 2nd quarter valued at about $28,000. Tacita Capital Inc lifted its position in shares of iShares Global REIT ETF by 41.1% in the first quarter. Tacita Capital Inc now owns 4,262 shares of the company’s stock valued at $103,000 after acquiring an additional 1,242 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of iShares Global REIT ETF by 15.9% in the second quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock worth $103,000 after acquiring an additional 573 shares during the last quarter. Huntington National Bank boosted its stake in shares of iShares Global REIT ETF by 470,200.0% in the second quarter. Huntington National Bank now owns 4,703 shares of the company’s stock worth $116,000 after acquiring an additional 4,702 shares during the last quarter. Finally, SouthState Corp purchased a new stake in shares of iShares Global REIT ETF during the first quarter worth approximately $140,000.

iShares Global REIT ETF Stock Performance

NYSEARCA REET opened at $25.04 on Tuesday. The business has a fifty day moving average price of $25.38 and a 200 day moving average price of $25.14. The company has a market cap of $3.95 billion, a P/E ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a one year low of $20.96 and a one year high of $26.07.

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.