Mirae Asset Global Investments Co. Ltd. Buys 50,700 Shares of iShares Global REIT ETF $REET

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 54.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 144,591 shares of the company’s stock after buying an additional 50,700 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.09% of iShares Global REIT ETF worth $3,696,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of REET. Valmark Advisers Inc. boosted its holdings in shares of iShares Global REIT ETF by 3.9% during the 3rd quarter. Valmark Advisers Inc. now owns 6,045,409 shares of the company’s stock valued at $154,521,000 after acquiring an additional 228,415 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares Global REIT ETF by 2.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,013,169 shares of the company’s stock valued at $123,825,000 after purchasing an additional 132,509 shares during the last quarter. SageView Advisory Group LLC boosted its stake in shares of iShares Global REIT ETF by 10.8% during the second quarter. SageView Advisory Group LLC now owns 2,951,690 shares of the company’s stock valued at $73,025,000 after purchasing an additional 288,303 shares in the last quarter. Savant Capital LLC boosted its stake in shares of iShares Global REIT ETF by 9.2% during the second quarter. Savant Capital LLC now owns 2,624,235 shares of the company’s stock valued at $64,819,000 after purchasing an additional 221,576 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of iShares Global REIT ETF by 73.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock worth $45,912,000 after purchasing an additional 758,228 shares during the last quarter.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA REET opened at $25.67 on Monday. The company has a 50 day simple moving average of $25.25 and a 200 day simple moving average of $25.26. The firm has a market cap of $4.46 billion, a PE ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 1 year low of $20.96 and a 1 year high of $26.07.

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.