StoneX Group Inc. Makes New $757,000 Investment in iShares Global REIT ETF $REET

StoneX Group Inc. acquired a new stake in iShares Global REIT ETF (NYSEARCA:REET) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 28,176 shares of the company’s stock, valued at approximately $757,000.

Other hedge funds also recently bought and sold shares of the company. Axiom Investment Management LLC purchased a new stake in shares of iShares Global REIT ETF during the third quarter valued at $26,000. Waldron Private Wealth LLC bought a new position in shares of iShares Global REIT ETF in the third quarter worth about $8,150,000. Avant Financial Advisors LLC increased its stake in iShares Global REIT ETF by 6.5% in the 3rd quarter. Avant Financial Advisors LLC now owns 18,857 shares of the company’s stock worth $486,000 after buying an additional 1,155 shares during the period. Commonwealth Equity Services LLC purchased a new position in iShares Global REIT ETF in the 3rd quarter worth about $1,438,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares Global REIT ETF during the 3rd quarter valued at about $1,038,000.

iShares Global REIT ETF Price Performance

Shares of REET opened at $27.27 on Wednesday. The firm has a market capitalization of $4.91 billion, a price-to-earnings ratio of 29.27 and a beta of 0.90. iShares Global REIT ETF has a 1-year low of $24.65 and a 1-year high of $29.06. The company has a 50-day moving average of $26.36 and a 200 day moving average of $26.92.

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.