Mirae Asset Global Investments Co. Ltd. Acquires 27,113 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 113.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,088 shares of the company’s stock after buying an additional 27,113 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Global REIT ETF were worth $1,235,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SageView Advisory Group LLC raised its stake in shares of iShares Global REIT ETF by 95.0% in the third quarter. SageView Advisory Group LLC now owns 1,661,866 shares of the company’s stock worth $35,182,000 after buying an additional 809,652 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares Global REIT ETF by 33.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,055,728 shares of the company’s stock worth $22,350,000 after acquiring an additional 262,050 shares during the period. HighTower Advisors LLC lifted its holdings in iShares Global REIT ETF by 20.2% during the third quarter. HighTower Advisors LLC now owns 1,491,436 shares of the company’s stock valued at $31,565,000 after purchasing an additional 250,223 shares in the last quarter. Quent Capital LLC boosted its position in shares of iShares Global REIT ETF by 86.4% in the fourth quarter. Quent Capital LLC now owns 488,434 shares of the company’s stock worth $11,810,000 after purchasing an additional 226,377 shares during the period. Finally, M&T Bank Corp increased its stake in shares of iShares Global REIT ETF by 5.1% in the third quarter. M&T Bank Corp now owns 4,537,978 shares of the company’s stock worth $96,114,000 after purchasing an additional 221,751 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of REET stock opened at $22.16 on Tuesday. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 19.38 and a beta of 0.92. The company’s fifty day moving average price is $23.11 and its 200-day moving average price is $22.72. iShares Global REIT ETF has a one year low of $19.69 and a one year high of $24.65.

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.