iShares Global REIT ETF (NYSEARCA:REET) Sets New 1-Year High at $25.05

iShares Global REIT ETF (NYSEARCA:REET) hit a new 52-week high during trading on Tuesday . The company traded as high as $25.05 and last traded at $25.03, with a volume of 193793 shares traded. The stock had previously closed at $24.70.

iShares Global REIT ETF Trading Up 1.3 %

The firm’s fifty day moving average price is $23.78 and its two-hundred day moving average price is $23.30. The stock has a market capitalization of $3.81 billion, a PE ratio of 19.98 and a beta of 0.92.

Institutional Investors Weigh In On iShares Global REIT ETF

Several hedge funds have recently modified their holdings of the company. DGS Capital Management LLC lifted its position in shares of iShares Global REIT ETF by 3.1% during the 4th quarter. DGS Capital Management LLC now owns 14,533 shares of the company’s stock valued at $351,000 after buying an additional 432 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in iShares Global REIT ETF by 1.7% during the first quarter. EverSource Wealth Advisors LLC now owns 27,617 shares of the company’s stock valued at $611,000 after purchasing an additional 455 shares in the last quarter. Collective Family Office LLC grew its position in shares of iShares Global REIT ETF by 0.7% in the second quarter. Collective Family Office LLC now owns 81,610 shares of the company’s stock valued at $1,897,000 after purchasing an additional 547 shares during the period. First Interstate Bank increased its stake in shares of iShares Global REIT ETF by 3.0% during the fourth quarter. First Interstate Bank now owns 18,585 shares of the company’s stock worth $449,000 after purchasing an additional 548 shares in the last quarter. Finally, First Ascent Asset Management LLC raised its position in shares of iShares Global REIT ETF by 4.9% during the 4th quarter. First Ascent Asset Management LLC now owns 12,557 shares of the company’s stock worth $304,000 after purchasing an additional 581 shares during the last quarter.

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.