iShares Global REIT ETF (NYSEARCA:REET) Shares Sold by M&T Bank Corp

M&T Bank Corp decreased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,961,328 shares of the company’s stock after selling 233,535 shares during the period. M&T Bank Corp owned 2.60% of iShares Global REIT ETF worth $105,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Global REIT ETF by 10.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock worth $107,274,000 after acquiring an additional 434,651 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of iShares Global REIT ETF by 71.5% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock worth $25,838,000 after acquiring an additional 403,494 shares in the last quarter. Valmark Advisers Inc. increased its position in shares of iShares Global REIT ETF by 6.5% in the second quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock worth $127,717,000 after acquiring an additional 337,372 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of iShares Global REIT ETF by 157.4% in the third quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock worth $13,797,000 after acquiring an additional 316,102 shares in the last quarter. Finally, Nicola Wealth Management LTD. increased its position in shares of iShares Global REIT ETF by 102.8% in the third quarter. Nicola Wealth Management LTD. now owns 623,300 shares of the company’s stock worth $16,636,000 after acquiring an additional 316,000 shares in the last quarter.

iShares Global REIT ETF Trading Up 0.1 %

Shares of REET stock opened at $25.69 on Tuesday. The company has a market capitalization of $3.91 billion, a PE ratio of 19.98 and a beta of 0.92. The firm has a fifty day simple moving average of $25.90 and a 200-day simple moving average of $25.08. iShares Global REIT ETF has a twelve month low of $21.79 and a twelve month high of $27.24.

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.