469,306 Shares of iShares Global REIT ETF $REET Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of iShares Global REIT ETF (NYSEARCA:REET) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 469,306 shares of the company’s stock, valued at approximately $12,099,000. Sumitomo Mitsui DS Asset Management Company Ltd owned approximately 0.26% of iShares Global REIT ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in REET. CoreCap Advisors LLC boosted its holdings in iShares Global REIT ETF by 14.4% in the 2nd quarter. CoreCap Advisors LLC now owns 4,867 shares of the company’s stock worth $134,000 after buying an additional 612 shares during the period. FAS Wealth Partners Inc. increased its stake in iShares Global REIT ETF by 1.0% in the 1st quarter. FAS Wealth Partners Inc. now owns 78,630 shares of the company’s stock worth $1,978,000 after buying an additional 765 shares in the last quarter. SHP Wealth Management bought a new stake in iShares Global REIT ETF during the fourth quarter valued at about $25,000. Continuum Advisory LLC bought a new stake in iShares Global REIT ETF during the second quarter valued at about $36,000. Finally, Bessemer Group Inc. raised its holdings in iShares Global REIT ETF by 124.0% during the first quarter. Bessemer Group Inc. now owns 2,361 shares of the company’s stock valued at $60,000 after acquiring an additional 1,307 shares during the period.

iShares Global REIT ETF Stock Up 1.8%

Shares of iShares Global REIT ETF stock opened at $26.05 on Wednesday. The stock’s 50-day simple moving average is $26.76 and its 200-day simple moving average is $27.23. iShares Global REIT ETF has a 52 week low of $24.65 and a 52 week high of $29.06. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 29.27 and a beta of 0.91.

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.