Shares of iShares Global REIT ETF (NYSEARCA:REET – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $27.58 and last traded at $27.49, with a volume of 124030 shares trading hands. The stock had previously closed at $27.18.
iShares Global REIT ETF Stock Performance
The stock has a market capitalization of $4.81 billion, a PE ratio of 29.27 and a beta of 0.94. The firm’s 50 day moving average is $26.35 and its two-hundred day moving average is $25.82.
Institutional Trading of iShares Global REIT ETF
Hedge funds have recently modified their holdings of the stock. First National Bank of Omaha purchased a new position in shares of iShares Global REIT ETF in the 3rd quarter valued at about $544,000. Partners Capital Investment Group LLP increased its stake in shares of iShares Global REIT ETF by 5.6% during the third quarter. Partners Capital Investment Group LLP now owns 1,413,342 shares of the company’s stock worth $36,125,000 after buying an additional 75,310 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of iShares Global REIT ETF during the third quarter worth approximately $583,000. Compagnie Lombard Odier SCmA raised its holdings in iShares Global REIT ETF by 276.4% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 38,390 shares of the company’s stock valued at $958,000 after acquiring an additional 28,190 shares in the last quarter. Finally, Brooklyn FI LLC lifted its stake in iShares Global REIT ETF by 18.6% in the fourth quarter. Brooklyn FI LLC now owns 464,137 shares of the company’s stock worth $11,580,000 after acquiring an additional 72,854 shares during the last quarter.
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
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