MidWestOne Financial Group Inc. Raises Holdings in iShares Global REIT ETF (NYSEARCA:REET)

MidWestOne Financial Group Inc. boosted its position in iShares Global REIT ETF (NYSEARCA:REET) by 3.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,878 shares of the company’s stock after purchasing an additional 1,377 shares during the period. MidWestOne Financial Group Inc.’s holdings in iShares Global REIT ETF were worth $1,198,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Valmark Advisers Inc. increased its stake in 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 purchasing an additional 337,372 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in iShares Global REIT ETF by 10.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,613,951 shares of the company’s stock valued at $107,274,000 after purchasing an additional 434,651 shares in the last quarter. Bank of Montreal Can increased its stake in iShares Global REIT ETF by 4.0% in 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 in the last quarter. Heritage Investment Group Inc. increased its stake in iShares Global REIT ETF by 1.1% in 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 in the last quarter. Finally, PDS Planning Inc grew 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 valued at $34,254,000 after buying an additional 104,588 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of NYSEARCA:REET opened at $25.33 on Wednesday. The business’s fifty day moving average price is $25.88 and its two-hundred day moving average price is $25.10. The stock has a market cap of $3.86 billion, a PE ratio of 19.98 and a beta of 0.92. iShares Global REIT ETF has a one year low of $21.79 and a one year high of $27.24.

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.