Jane Street Group LLC Has $3.42 Million Stock Position in iShares Global REIT ETF (NYSEARCA:REET)

Jane Street Group LLC lessened its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 23.1% during the third quarter, Holdings Channel.com reports. The firm owned 128,191 shares of the company’s stock after selling 38,422 shares during the quarter. Jane Street Group LLC’s holdings in iShares Global REIT ETF were worth $3,421,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of REET. Valmark Advisers Inc. grew its position in shares of iShares Global REIT ETF by 6.5% in the 2nd quarter. Valmark Advisers Inc. now owns 5,493,203 shares of the company’s stock valued at $127,717,000 after buying an additional 337,372 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 valued at $107,274,000 after acquiring an additional 434,651 shares during the last quarter. Bank of Montreal Can increased its position in iShares Global REIT ETF by 4.0% during the 3rd quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock valued at $75,834,000 after purchasing an additional 108,254 shares during the period. Heritage Investment Group Inc. increased its position in iShares Global REIT ETF by 1.1% during the 3rd quarter. Heritage Investment Group Inc. now owns 1,510,328 shares of the company’s stock valued at $40,311,000 after purchasing an additional 16,103 shares during the period. Finally, PDS Planning Inc raised its holdings in iShares Global REIT ETF by 8.9% during the 3rd quarter. PDS Planning Inc now owns 1,283,394 shares of the company’s stock worth $34,254,000 after purchasing an additional 104,588 shares during the last quarter.

iShares Global REIT ETF Stock Performance

NYSEARCA:REET opened at $23.43 on Friday. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The firm’s fifty day moving average is $25.69 and its 200-day moving average is $25.16. The firm has a market cap of $3.57 billion, a P/E ratio of 19.98 and a beta of 0.92.

iShares Global REIT ETF 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.