Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 130.6% in the 4th quarter, Holdings Channel reports. The fund owned 269,813 shares of the company’s stock after buying an additional 152,831 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares Global REIT ETF were worth $7,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Morgan Stanley lifted its stake in shares of iShares Global REIT ETF by 1.7% in the 2nd quarter. Morgan Stanley now owns 514,597 shares of the company’s stock valued at $13,724,000 after purchasing an additional 8,610 shares during the last quarter. MidWestOne Financial Group Inc. purchased a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at $524,000. Susquehanna International Group LLP purchased a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at $380,000. Royal Bank of Canada raised its holdings in shares of iShares Global REIT ETF by 12.0% in the 2nd quarter. Royal Bank of Canada now owns 658,760 shares of the company’s stock valued at $17,569,000 after buying an additional 70,653 shares during the period. Finally, Atria Investments LLC purchased a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at $560,000.

Shares of REET stock traded down $0.13 on Friday, hitting $28.15. The stock had a trading volume of 1,776 shares, compared to its average volume of 705,493. iShares Global REIT ETF has a 1 year low of $24.84 and a 1 year high of $28.90. The company’s 50 day moving average price is $27.59 and its 200-day moving average price is $27.73.

Further Reading: Treasury Bonds

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Institutional Ownership by Quarter for iShares Global REIT ETF (NYSEARCA:REET)

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