Naples Global Advisors LLC grew its holdings in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 6.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 266,785 shares of the company’s stock after buying an additional 17,025 shares during the period. Naples Global Advisors LLC’s holdings in iShares Global REIT ETF were worth $6,472,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in REET. CoreCap Advisors LLC lifted its holdings in iShares Global REIT ETF by 15,244.4% during the 4th quarter. CoreCap Advisors LLC now owns 1,381 shares of the company’s stock valued at $33,000 after purchasing an additional 1,372 shares during the last quarter. Sava Infond d.o.o. acquired a new stake in iShares Global REIT ETF during the 4th quarter valued at $40,000. SRS Capital Advisors Inc. acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter worth about $51,000. Toronto Dominion Bank acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter worth about $59,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter worth about $62,000.
iShares Global REIT ETF Stock Performance
NYSEARCA REET opened at $24.83 on Thursday. The firm has a 50-day moving average of $23.92 and a 200-day moving average of $24.37. The stock has a market cap of $3.92 billion, a PE ratio of 26.80 and a beta of 0.99. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $27.24.
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.
Further Reading
- Five stocks we like better than iShares Global REIT ETF
- How to Invest in Insurance Companies: A Guide
- Intuit’s AI Boom: Stock Soaring, But Should Investors Hit Pause?
- Stock Market Upgrades: What Are They?
- Top Dividend Plays With Strong Analyst Ratings
- What Does a Stock Split Mean?
- Robinhood Stock Keeps Giving Investors Reasons To Buy
Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET – Free Report).
Receive News & Ratings for iShares Global REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
