iShares Global REIT ETF (NYSEARCA:REET) Position Increased by Naples Global Advisors LLC

Naples Global Advisors LLC lifted its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 5.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 249,760 shares of the company’s stock after buying an additional 13,799 shares during the quarter. Naples Global Advisors LLC owned approximately 0.16% of iShares Global REIT ETF worth $5,987,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of REET. Bank of Montreal Can lifted its holdings in iShares Global REIT ETF by 4.0% in the third quarter. Bank of Montreal Can now owns 2,846,622 shares of the company’s stock worth $75,834,000 after acquiring an additional 108,254 shares during the last quarter. Heritage Investment Group Inc. lifted its holdings in shares of 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 worth $40,311,000 after purchasing an additional 16,103 shares during the last quarter. PDS Planning Inc boosted its position 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 purchasing an additional 104,588 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in iShares Global REIT ETF by 71.5% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 968,082 shares of the company’s stock worth $25,838,000 after buying an additional 403,494 shares during the last quarter. Finally, Diversified Portfolios Inc. increased its position in iShares Global REIT ETF by 7.7% in the fourth quarter. Diversified Portfolios Inc. now owns 772,173 shares of the company’s stock worth $18,509,000 after buying an additional 55,482 shares during the period.

iShares Global REIT ETF Stock Performance

Shares of REET opened at $24.49 on Thursday. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The firm has a fifty day moving average of $24.31 and a 200-day moving average of $25.33. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.

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.