RS Crum Inc. reduced its position in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 2.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 133,355 shares of the company’s stock after selling 3,005 shares during the period. iShares Global REIT ETF accounts for approximately 0.8% of RS Crum Inc.’s investment portfolio, making the stock its 17th largest holding. RS Crum Inc.’s holdings in iShares Global REIT ETF were worth $3,559,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in REET. Quent Capital LLC increased its position in iShares Global REIT ETF by 1.8% in the first quarter. Quent Capital LLC now owns 497,390 shares of the company’s stock worth $11,778,000 after purchasing an additional 8,956 shares during the period. Comerica Bank grew its position in shares of iShares Global REIT ETF by 37.6% during the 1st quarter. Comerica Bank now owns 34,111 shares of the company’s stock worth $808,000 after buying an additional 9,329 shares during the period. Virtu Financial LLC bought a new stake in shares of iShares Global REIT ETF during the first quarter worth approximately $433,000. Nepc LLC raised its stake in shares of iShares Global REIT ETF by 48.7% during the first quarter. Nepc LLC now owns 1,149,567 shares of the company’s stock worth $27,222,000 after buying an additional 376,424 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in iShares Global REIT ETF by 1,220.9% in the first quarter. Cetera Investment Advisers now owns 335,469 shares of the company’s stock valued at $7,944,000 after buying an additional 310,072 shares during the period.
iShares Global REIT ETF Stock Performance
REET opened at $26.19 on Wednesday. The company has a fifty day moving average price of $26.06 and a two-hundred day moving average price of $24.91. The firm has a market capitalization of $3.99 billion, a PE ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24.
About iShares Global REIT ETF
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.
Further Reading
- Five stocks we like better than iShares Global REIT ETF
- Industrial Products Stocks Investing
- 2 Essential Data Center Solutions Providers Riding the AI Boom
- 3 Best Fintech Stocks for a Portfolio Boost
- Holiday Cheer or Market Fear: Navigating the Year-End Rally
- What is the NASDAQ Stock Exchange?
- Gold vs. Silver: Profit Opportunities in the Widening Spread
Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET – Free Report).
Receive News & Ratings for iShares Global REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.