CIBC Private Wealth Group LLC Buys 35,783 Shares of iShares Global REIT ETF $REET

CIBC Private Wealth Group LLC boosted its stake in iShares Global REIT ETF (NYSEARCA:REET) by 52.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,843 shares of the company’s stock after purchasing an additional 35,783 shares during the period. CIBC Private Wealth Group LLC owned about 0.07% of iShares Global REIT ETF worth $2,654,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of REET. NewEdge Advisors LLC grew its holdings in shares of iShares Global REIT ETF by 23.4% in the first quarter. NewEdge Advisors LLC now owns 47,066 shares of the company’s stock worth $1,142,000 after purchasing an additional 8,938 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of iShares Global REIT ETF by 9.1% in the second quarter. TD Waterhouse Canada Inc. now owns 40,855 shares of the company’s stock worth $1,014,000 after buying an additional 3,418 shares during the period. Aviso Financial Inc. raised its holdings in iShares Global REIT ETF by 7.1% during the 2nd quarter. Aviso Financial Inc. now owns 12,267 shares of the company’s stock valued at $303,000 after buying an additional 814 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. raised its holdings in iShares Global REIT ETF by 4.0% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 100,850 shares of the company’s stock valued at $2,491,000 after buying an additional 3,843 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares Global REIT ETF by 2.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,013,169 shares of the company’s stock valued at $123,825,000 after buying an additional 132,509 shares during the period.

iShares Global REIT ETF Stock Down 3.1%

Shares of iShares Global REIT ETF stock opened at $24.96 on Friday. The firm has a market cap of $4.34 billion, a PE ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 12-month low of $20.96 and a 12-month high of $27.44. The company’s fifty day simple moving average is $26.22 and its two-hundred day simple moving average is $25.62.

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.