PNC Financial Services Group Inc. Purchases 435 Shares of iShares Global REIT ETF (NYSEARCA:REET)

PNC Financial Services Group Inc. grew its position in iShares Global REIT ETF (NYSEARCA:REET) by 2.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,769 shares of the company’s stock after purchasing an additional 435 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Global REIT ETF were worth $402,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of REET. M&T Bank Corp boosted its holdings in shares of iShares Global REIT ETF by 13.1% in the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock valued at $107,419,000 after buying an additional 520,038 shares during the last quarter. Nicola Wealth Management LTD. grew its position in shares of iShares Global REIT ETF by 57.0% in the 4th quarter. Nicola Wealth Management LTD. now owns 978,300 shares of the company’s stock valued at $23,450,000 after buying an additional 355,000 shares during the last quarter. BNP Paribas Financial Markets boosted its position in iShares Global REIT ETF by 157.4% during the third quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock valued at $13,797,000 after acquiring an additional 316,102 shares during the last quarter. Valmark Advisers Inc. lifted its position in shares of iShares Global REIT ETF by 5.5% during the 4th quarter. Valmark Advisers Inc. now owns 5,645,446 shares of the company’s stock valued at $135,321,000 after acquiring an additional 294,000 shares during the period. Finally, Money Design Co. Ltd. raised its position in shares of iShares Global REIT ETF by 64.2% during the fourth quarter. Money Design Co. Ltd. now owns 511,462 shares of the company’s stock worth $12,183,000 after purchasing an additional 200,058 shares during the period.

iShares Global REIT ETF Stock Down 0.1 %

Shares of NYSEARCA REET opened at $24.27 on Friday. The company has a market capitalization of $3.76 billion, a PE ratio of 26.66 and a beta of 1.08. The stock’s 50 day moving average price is $24.42 and its 200-day moving average price is $25.22. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month 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.