M&T Bank Corp Acquires 585,433 Shares of iShares Global REIT ETF (NYSEARCA:REET)

M&T Bank Corp lifted its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,123,411 shares of the company’s stock after acquiring an additional 585,433 shares during the period. M&T Bank Corp owned approximately 3.74% of iShares Global REIT ETF worth $123,884,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in REET. SC&H Financial Advisors Inc. lifted its position in shares of iShares Global REIT ETF by 18.4% during the fourth quarter. SC&H Financial Advisors Inc. now owns 115,006 shares of the company’s stock valued at $2,781,000 after purchasing an additional 17,837 shares in the last quarter. Kooman & Associates grew its holdings in shares of iShares Global REIT ETF by 4.0% in the fourth quarter. Kooman & Associates now owns 200,314 shares of the company’s stock valued at $4,844,000 after acquiring an additional 7,779 shares in the last quarter. Quent Capital LLC grew its holdings in shares of iShares Global REIT ETF by 86.4% in the fourth quarter. Quent Capital LLC now owns 488,434 shares of the company’s stock valued at $11,810,000 after acquiring an additional 226,377 shares in the last quarter. SageView Advisory Group LLC increased its position in shares of iShares Global REIT ETF by 95.0% during the third quarter. SageView Advisory Group LLC now owns 1,661,866 shares of the company’s stock valued at $35,182,000 after acquiring an additional 809,652 shares during the last quarter. Finally, ING Groep NV bought a new stake in iShares Global REIT ETF during the third quarter worth $2,360,000.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock traded up $0.18 on Friday, reaching $22.68. 389,577 shares of the company traded hands, compared to its average volume of 672,831. The company has a 50 day moving average of $22.96 and a 200 day moving average of $22.79. iShares Global REIT ETF has a 52 week low of $19.69 and a 52 week high of $24.65. The firm has a market capitalization of $3.46 billion, a PE ratio of 18.85 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.