Quent Capital LLC Cuts Stake in iShares Global REIT ETF (NYSEARCA:REET)

Quent Capital LLC lessened its position in iShares Global REIT ETF (NYSEARCA:REET) by 2.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 487,796 shares of the company’s stock after selling 11,377 shares during the period. iShares Global REIT ETF makes up 1.3% of Quent Capital LLC’s investment portfolio, making the stock its 15th largest holding. Quent Capital LLC owned 0.32% of iShares Global REIT ETF worth $13,019,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in REET. Red Mountain Financial LLC acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter valued at approximately $502,000. Adroit Compliance LLC acquired a new stake in iShares Global REIT ETF in the 4th quarter valued at about $16,056,000. McLean Asset Management Corp increased its holdings in iShares Global REIT ETF by 85.1% during the 1st quarter. McLean Asset Management Corp now owns 20,922 shares of the company’s stock valued at $493,000 after acquiring an additional 9,616 shares in the last quarter. Goldman Sachs Group Inc. raised its position in iShares Global REIT ETF by 9.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,596,274 shares of the company’s stock worth $38,598,000 after acquiring an additional 131,423 shares during the last quarter. Finally, DGS Capital Management LLC lifted its holdings in shares of iShares Global REIT ETF by 13.7% in the first quarter. DGS Capital Management LLC now owns 16,520 shares of the company’s stock valued at $391,000 after purchasing an additional 1,987 shares in the last quarter.

iShares Global REIT ETF Trading Down 0.1 %

Shares of NYSEARCA REET traded down $0.03 during trading on Friday, reaching $26.15. The company had a trading volume of 342,795 shares, compared to its average volume of 603,061. iShares Global REIT ETF has a twelve month low of $19.69 and a twelve month high of $27.24. The stock has a 50-day moving average price of $25.88 and a two-hundred day moving average price of $24.10. The stock has a market capitalization of $3.98 billion, a PE 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.