BNP Paribas Financial Markets Increases Stake in iShares Global REIT ETF (NYSEARCA:REET)

BNP Paribas Financial Markets increased its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 157.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 516,940 shares of the company’s stock after purchasing an additional 316,102 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Global REIT ETF were worth $13,797,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in REET. FMR LLC lifted its position in iShares Global REIT ETF by 391.4% in the third quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after purchasing an additional 1,088 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in iShares Global REIT ETF during the 3rd quarter valued at $39,000. International Assets Investment Management LLC bought a new stake in iShares Global REIT ETF in the 2nd quarter worth $67,000. IAG Wealth Partners LLC purchased a new position in shares of iShares Global REIT ETF in the second quarter valued at about $92,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of iShares Global REIT ETF during the second quarter valued at about $104,000.

iShares Global REIT ETF Price Performance

NYSEARCA REET opened at $26.31 on Monday. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The stock has a market capitalization of $4.01 billion, a PE ratio of 19.98 and a beta of 0.92. The business’s 50-day moving average is $26.03 and its 200 day moving average is $24.98.

iShares Global REIT ETF Company Profile

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.