Envestnet Asset Management Inc. grew its position in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 2.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 881,784 shares of the company’s stock after buying an additional 22,584 shares during the period. Envestnet Asset Management Inc. owned 0.58% of iShares Global REIT ETF worth $20,501,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Securities Inc. acquired a new stake in iShares Global REIT ETF in the fourth quarter worth about $46,000. Elevate Wealth Advisory Inc. acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter worth approximately $65,000. International Assets Investment Management LLC bought a new stake in shares of iShares Global REIT ETF during the second quarter worth approximately $67,000. IAG Wealth Partners LLC acquired a new position in iShares Global REIT ETF in the second quarter valued at approximately $92,000. Finally, Cullen Frost Bankers Inc. bought a new position in iShares Global REIT ETF in the second quarter valued at approximately $104,000.
iShares Global REIT ETF Stock Performance
Shares of iShares Global REIT ETF stock opened at $26.83 on Monday. The firm has a fifty day moving average of $25.45 and a two-hundred day moving average of $23.89. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 52 week low of $19.69 and a 52 week high of $27.24.
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.
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