Strive Asset Management LLC Decreases Stock Position in iShares Global REIT ETF $REET

Strive Asset Management LLC cut its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 5.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,014 shares of the company’s stock after selling 1,072 shares during the period. Strive Asset Management LLC’s holdings in iShares Global REIT ETF were worth $413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in REET. Partners Capital Investment Group LLP boosted its position in shares of iShares Global REIT ETF by 62.5% in the 1st quarter. Partners Capital Investment Group LLP now owns 3,171,017 shares of the company’s stock worth $76,929,000 after buying an additional 1,220,103 shares in the last quarter. M&T Bank Corp boosted its position in shares of iShares Global REIT ETF by 9.7% in the 1st quarter. M&T Bank Corp now owns 4,917,036 shares of the company’s stock worth $119,287,000 after buying an additional 435,670 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in shares of iShares Global REIT ETF in the 1st quarter worth about $8,127,000. Nepc LLC boosted its position in shares of iShares Global REIT ETF by 28.7% in the 4th quarter. Nepc LLC now owns 1,480,023 shares of the company’s stock worth $35,476,000 after buying an additional 330,456 shares in the last quarter. Finally, Amundi boosted its position in shares of iShares Global REIT ETF by 83.3% in the 1st quarter. Amundi now owns 700,000 shares of the company’s stock worth $16,597,000 after buying an additional 318,100 shares in the last quarter.

iShares Global REIT ETF Stock Down 0.2%

iShares Global REIT ETF stock opened at $25.51 on Wednesday. iShares Global REIT ETF has a 52 week low of $20.96 and a 52 week high of $27.24. The firm’s 50-day simple moving average is $24.99 and its 200 day simple moving average is $24.51. The firm has a market capitalization of $4.03 billion, a PE ratio of 29.27 and a beta of 0.93.

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.