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

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 2.1% during the second quarter, HoldingsChannel reports. The firm owned 1,038,021 shares of the company’s stock after purchasing an additional 21,359 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares Global REIT ETF were worth $25,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in iShares Global REIT ETF by 3.5% during the 4th quarter. Ameriprise Financial Inc. now owns 36,710 shares of the company’s stock valued at $880,000 after purchasing an additional 1,246 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in iShares Global REIT ETF by 2.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock valued at $547,000 after purchasing an additional 557 shares in the last quarter. D. E. Shaw & Co. Inc. acquired a new stake in shares of iShares Global REIT ETF in the fourth quarter worth $218,000. Farther Finance Advisors LLC increased its stake in shares of iShares Global REIT ETF by 231.7% in the first quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock worth $117,000 after acquiring an additional 3,371 shares during the period. Finally, Waverly Advisors LLC acquired a new stake in shares of iShares Global REIT ETF in the fourth quarter worth $1,698,000.

iShares Global REIT ETF Price Performance

NYSEARCA:REET opened at $25.42 on Thursday. The firm has a market capitalization of $4.01 billion, a P/E ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a 1-year low of $20.96 and a 1-year high of $27.24. The company’s fifty day moving average price is $25.10 and its 200-day moving average price is $24.55.

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.