First Interstate Bank Sells 2,519 Shares of iShares Global REIT ETF (NYSEARCA:REET)

First Interstate Bank reduced its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 13.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,066 shares of the company’s stock after selling 2,519 shares during the quarter. First Interstate Bank’s holdings in iShares Global REIT ETF were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in iShares Global REIT ETF during the 4th quarter valued at about $1,672,000. Principal Securities Inc. purchased a new position in iShares Global REIT ETF during the fourth quarter valued at approximately $46,000. Sumitomo Mitsui Financial Group Inc. raised its stake in iShares Global REIT ETF by 13.5% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 73,113 shares of the company’s stock worth $1,768,000 after buying an additional 8,713 shares in the last quarter. MB Generational Wealth LLC purchased a new stake in iShares Global REIT ETF during the fourth quarter worth $1,044,000. Finally, Janney Montgomery Scott LLC boosted its position in iShares Global REIT ETF by 703.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 150,533 shares of the company’s stock valued at $3,640,000 after acquiring an additional 131,806 shares in the last quarter.

iShares Global REIT ETF Trading Up 1.0 %

Shares of NYSEARCA:REET opened at $26.30 on Tuesday. The company has a market capitalization of $4.01 billion, a PE ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a 12-month low of $19.69 and a 12-month high of $26.36. The business’s fifty day simple moving average is $24.84 and its 200-day simple moving average is $23.66.

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.