Bank of Montreal Can Buys 108,254 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Bank of Montreal Can lifted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 4.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,846,622 shares of the company’s stock after acquiring an additional 108,254 shares during the period. Bank of Montreal Can owned approximately 1.87% of iShares Global REIT ETF worth $75,834,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in shares of iShares Global REIT ETF in the third quarter worth about $39,000. International Assets Investment Management LLC purchased a new position in shares of iShares Global REIT ETF during the second quarter valued at about $67,000. IAG Wealth Partners LLC purchased a new position in shares of iShares Global REIT ETF during the 2nd quarter worth approximately $92,000. Cullen Frost Bankers Inc. bought a new position in iShares Global REIT ETF in the second quarter worth $104,000. Finally, Breakwater Investment Management increased its stake in shares of iShares Global REIT ETF by 298.9% in the 2nd quarter. Breakwater Investment Management now owns 4,544 shares of the company’s stock worth $106,000 after acquiring an additional 3,405 shares in the last quarter.

iShares Global REIT ETF Stock Up 0.2 %

iShares Global REIT ETF stock opened at $26.19 on Wednesday. The stock’s 50 day moving average is $26.06 and its 200 day moving average is $24.91. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24. The company has a market capitalization of $3.99 billion, a P/E ratio of 19.98 and a beta of 0.92.

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.