Mirae Asset Global Investments Co. Ltd. Trims Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

Mirae Asset Global Investments Co. Ltd. lowered its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 14.3% during the first quarter, HoldingsChannel.com reports. The firm owned 101,986 shares of the company’s stock after selling 16,955 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Global REIT ETF were worth $2,474,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its stake in iShares Global REIT ETF by 15,244.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,381 shares of the company’s stock worth $33,000 after purchasing an additional 1,372 shares in the last quarter. Sava Infond d.o.o. acquired a new stake in shares of iShares Global REIT ETF during the fourth quarter valued at about $40,000. SRS Capital Advisors Inc. purchased a new position in shares of iShares Global REIT ETF during the fourth quarter worth $51,000. Toronto Dominion Bank acquired a new position in iShares Global REIT ETF in the 4th quarter valued at about $59,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $62,000.

iShares Global REIT ETF Trading Up 0.1%

iShares Global REIT ETF stock opened at $24.88 on Thursday. The firm has a market capitalization of $4.09 billion, a P/E ratio of 29.11 and a beta of 0.93. The stock’s fifty day simple moving average is $24.60 and its 200-day simple moving average is $24.24. iShares Global REIT ETF has a twelve month low of $20.96 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.