Cullen Capital Management LLC Invests $1.23 Million in iShares Global REIT ETF (NYSEARCA:REET)

Cullen Capital Management LLC bought a new stake in iShares Global REIT ETF (NYSEARCA:REET) during the 4th quarter, Holdings Channel reports. The firm bought 51,410 shares of the company’s stock, valued at approximately $1,232,000.

A number of other large investors also recently made changes to their positions in REET. FMR LLC increased its position in iShares Global REIT ETF by 391.4% during the third quarter. FMR LLC now owns 1,366 shares of the company’s stock worth $36,000 after acquiring an additional 1,088 shares during the period. Captrust Financial Advisors grew its position in shares of iShares Global REIT ETF by 3.5% during the 3rd quarter. Captrust Financial Advisors now owns 20,317 shares of the company’s stock worth $542,000 after purchasing an additional 685 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of iShares Global REIT ETF by 8.5% during the third quarter. Stifel Financial Corp now owns 10,349 shares of the company’s stock worth $276,000 after purchasing an additional 814 shares during the period. Insigneo Advisory Services LLC raised its position in shares of iShares Global REIT ETF by 14.8% in the third quarter. Insigneo Advisory Services LLC now owns 33,752 shares of the company’s stock valued at $901,000 after buying an additional 4,348 shares in the last quarter. Finally, MidWestOne Financial Group Inc. boosted its stake in shares of iShares Global REIT ETF by 3.2% in the third quarter. MidWestOne Financial Group Inc. now owns 44,878 shares of the company’s stock valued at $1,198,000 after buying an additional 1,377 shares during the period.

iShares Global REIT ETF Price Performance

Shares of NYSEARCA:REET opened at $22.62 on Friday. The business’s 50 day simple moving average is $24.44 and its 200 day simple moving average is $25.02. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The company has a market capitalization of $3.53 billion, a P/E ratio of 26.39 and a beta of 1.08.

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.