Quent Capital LLC Purchases 4,079 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Quent Capital LLC lifted its position in iShares Global REIT ETF (NYSEARCA:REET) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 257,404 shares of the company’s stock after buying an additional 4,079 shares during the quarter. iShares Global REIT ETF comprises approximately 0.9% of Quent Capital LLC’s holdings, making the stock its 24th biggest position. Quent Capital LLC owned approximately 0.20% of iShares Global REIT ETF worth $5,913,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. lifted its holdings in iShares Global REIT ETF by 1.4% during the 1st quarter. BlackRock Inc. now owns 7,656,228 shares of the company’s stock valued at $175,557,000 after purchasing an additional 104,695 shares during the last quarter. Morgan Stanley lifted its holdings in iShares Global REIT ETF by 4.2% during the 4th quarter. Morgan Stanley now owns 5,176,660 shares of the company’s stock valued at $117,562,000 after purchasing an additional 207,716 shares during the last quarter. M&T Bank Corp lifted its holdings in iShares Global REIT ETF by 4.4% during the 1st quarter. M&T Bank Corp now owns 4,170,691 shares of the company’s stock valued at $95,634,000 after purchasing an additional 176,992 shares during the last quarter. Savant Capital LLC lifted its holdings in iShares Global REIT ETF by 2.5% during the 1st quarter. Savant Capital LLC now owns 2,630,782 shares of the company’s stock valued at $60,324,000 after purchasing an additional 63,131 shares during the last quarter. Finally, Partners Capital Investment Group LLP lifted its holdings in iShares Global REIT ETF by 1.8% during the 1st quarter. Partners Capital Investment Group LLP now owns 1,716,007 shares of the company’s stock valued at $39,348,000 after purchasing an additional 31,078 shares during the last quarter.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock traded down $0.10 during mid-day trading on Friday, hitting $22.75. 676,310 shares of the company’s stock traded hands, compared to its average volume of 596,646. The firm has a 50 day simple moving average of $23.11 and a two-hundred day simple moving average of $22.90. iShares Global REIT ETF has a fifty-two week low of $20.04 and a fifty-two week high of $25.72. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 18.16 and a beta of 0.93.

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.