iShares Global REIT ETF $REET Shares Sold by M&T Bank Corp

M&T Bank Corp decreased its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,791,133 shares of the company’s stock after selling 121,438 shares during the quarter. M&T Bank Corp owned 3.04% of iShares Global REIT ETF worth $122,462,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of REET. Harvest Fund Management Co. Ltd boosted its stake in shares of iShares Global REIT ETF by 28.0% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 14,597 shares of the company’s stock worth $373,000 after acquiring an additional 3,197 shares in the last quarter. Comerica Bank grew its holdings in shares of iShares Global REIT ETF by 1.5% in the 3rd quarter. Comerica Bank now owns 34,498 shares of the company’s stock worth $882,000 after acquiring an additional 503 shares during the last quarter. United Financial Planning Group LLC acquired a new stake in shares of iShares Global REIT ETF during the third quarter worth $64,000. Glenmede Investment Management LP raised its position in shares of iShares Global REIT ETF by 94.1% during the third quarter. Glenmede Investment Management LP now owns 14,899 shares of the company’s stock worth $381,000 after purchasing an additional 7,225 shares during the period. Finally, Pathstone Holdings LLC lifted its holdings in shares of iShares Global REIT ETF by 811.1% during the third quarter. Pathstone Holdings LLC now owns 152,346 shares of the company’s stock valued at $3,894,000 after purchasing an additional 135,624 shares during the last quarter.

iShares Global REIT ETF Stock Down 0.5%

Shares of NYSEARCA REET opened at $25.86 on Friday. iShares Global REIT ETF has a 12 month low of $20.96 and a 12 month high of $27.44. The company has a market cap of $4.50 billion, a price-to-earnings ratio of 29.27 and a beta of 0.99. The business has a fifty day simple moving average of $26.16 and a 200-day simple moving average of $25.61.

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.