iShares Global REIT ETF $REET Shares Sold by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd trimmed its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,730,143 shares of the company’s stock after selling 66,106 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares Global REIT ETF were worth $43,167,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in REET. Westfuller Advisors LLC acquired a new position in iShares Global REIT ETF during the third quarter valued at $58,000. CoreCap Advisors LLC grew its position in iShares Global REIT ETF by 27,800.0% during the 3rd quarter. CoreCap Advisors LLC now owns 2,511 shares of the company’s stock worth $64,000 after purchasing an additional 2,502 shares during the period. United Financial Planning Group LLC acquired a new stake in iShares Global REIT ETF during the 3rd quarter worth about $64,000. Triumph Capital Management purchased a new position in shares of iShares Global REIT ETF during the 3rd quarter valued at about $91,000. Finally, Private Trust Co. NA lifted its holdings in shares of iShares Global REIT ETF by 2,421.8% in the 4th quarter. Private Trust Co. NA now owns 4,514 shares of the company’s stock valued at $113,000 after buying an additional 4,335 shares during the period.

iShares Global REIT ETF Stock Up 0.6%

Shares of REET opened at $27.18 on Wednesday. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. iShares Global REIT ETF has a 52 week low of $23.98 and a 52 week high of $27.50. The stock’s 50-day moving average price is $26.34 and its 200-day moving average price is $25.80.

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.