iShares Global REIT ETF (NYSEARCA:REET) Short Interest Update

iShares Global REIT ETF (NYSEARCA:REET) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,250,349 shares, a growth of 156.9% from the August 15th total of 486,782 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 3,356,129 shares, the short-interest ratio is currently 0.4 days.

iShares Global REIT ETF Stock Performance

Shares of NYSEARCA:REET traded down $0.16 during trading on Monday, hitting $26.82. The company’s stock had a trading volume of 2,388,115 shares, compared to its average volume of 2,304,080. iShares Global REIT ETF has a fifty-two week low of $24.65 and a fifty-two week high of $29.06. The stock’s 50-day moving average price is $28.00 and its two-hundred day moving average price is $27.24. The company has a market capitalization of $4.85 billion, a PE ratio of 29.27 and a beta of 0.91.

Institutional Investors Weigh In On iShares Global REIT ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Valmark Advisers Inc. boosted its stake in shares of iShares Global REIT ETF by 3.1% during the 1st quarter. Valmark Advisers Inc. now owns 6,480,035 shares of the company’s stock valued at $162,973,000 after buying an additional 196,864 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Global REIT ETF by 12.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,117,917 shares of the company’s stock valued at $152,642,000 after acquiring an additional 692,016 shares in the last quarter. Polianta Ltd raised its holdings in iShares Global REIT ETF by 4.6% in the second quarter. Polianta Ltd now owns 4,427,000 shares of the company’s stock valued at $122,273,000 after acquiring an additional 194,000 shares in the last quarter. Modera Wealth Management LLC raised its holdings in iShares Global REIT ETF by 6.2% in the first quarter. Modera Wealth Management LLC now owns 1,379,901 shares of the company’s stock valued at $34,705,000 after acquiring an additional 80,735 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in iShares Global REIT ETF by 3.3% during the 4th quarter. HighTower Advisors LLC now owns 1,249,750 shares of the company’s stock valued at $31,181,000 after acquiring an additional 39,360 shares during the last quarter.

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.