iShares Global REIT ETF $REET Position Increased by Quent Capital LLC

Quent Capital LLC raised its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 3.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 508,202 shares of the company’s stock after buying an additional 19,279 shares during the quarter. iShares Global REIT ETF accounts for 1.2% of Quent Capital LLC’s portfolio, making the stock its 20th largest position. Quent Capital LLC owned about 0.32% of iShares Global REIT ETF worth $12,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of REET. Valley National Advisers Inc. purchased a new stake in shares of iShares Global REIT ETF in the first quarter worth approximately $57,000. Tacita Capital Inc lifted its position in shares of iShares Global REIT ETF by 41.1% in the first quarter. Tacita Capital Inc now owns 4,262 shares of the company’s stock worth $103,000 after purchasing an additional 1,242 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares Global REIT ETF by 15.9% in the second quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock worth $103,000 after purchasing an additional 573 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of iShares Global REIT ETF by 231.7% in the first quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock worth $117,000 after purchasing an additional 3,371 shares in the last quarter. Finally, SouthState Corp purchased a new stake in shares of iShares Global REIT ETF in the first quarter worth approximately $140,000.

iShares Global REIT ETF Price Performance

NYSEARCA REET opened at $25.68 on Friday. The company has a 50 day simple moving average of $25.22 and a 200-day simple moving average of $24.63. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $26.54.

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.