JPMorgan Chase & Co. Raises Stake in iShares Global REIT ETF (NYSEARCA:REET)

JPMorgan Chase & Co. increased its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,480 shares of the company’s stock after acquiring an additional 3,864 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Global REIT ETF were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of REET. Stifel Financial Corp grew its stake in shares of iShares Global REIT ETF by 8.5% in the 3rd quarter. Stifel Financial Corp now owns 10,349 shares of the company’s stock worth $276,000 after buying an additional 814 shares during the last quarter. Nisa Investment Advisors LLC bought a new stake in iShares Global REIT ETF in the fourth quarter worth $2,387,000. Allworth Financial LP grew its stake in shares of iShares Global REIT ETF by 57,930.0% in the fourth quarter. Allworth Financial LP now owns 5,803 shares of the company’s stock worth $140,000 after acquiring an additional 5,793 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares Global REIT ETF by 2.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 118,941 shares of the company’s stock valued at $2,851,000 after acquiring an additional 2,380 shares in the last quarter. Finally, Simplicity Wealth LLC increased its holdings in shares of iShares Global REIT ETF by 11.4% during the fourth quarter. Simplicity Wealth LLC now owns 17,801 shares of the company’s stock valued at $427,000 after acquiring an additional 1,825 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock opened at $23.88 on Friday. iShares Global REIT ETF has a 1 year low of $20.96 and a 1 year high of $27.24. The firm’s 50-day moving average is $23.95 and its 200 day moving average is $24.62. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 25.46 and a beta of 0.95.

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.