Private Ocean LLC Buys 795 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Private Ocean LLC grew its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 8.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 9,786 shares of the company’s stock after purchasing an additional 795 shares during the period. Private Ocean LLC’s holdings in iShares Global REIT ETF were worth $232,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Trust Co. of Vermont bought a new position in shares of iShares Global REIT ETF in the third quarter valued at approximately $26,000. Principal Securities Inc. bought a new position in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $46,000. UMB Bank n.a. grew its holdings in shares of iShares Global REIT ETF by 22.9% in the fourth quarter. UMB Bank n.a. now owns 2,460 shares of the company’s stock valued at $59,000 after acquiring an additional 459 shares in the last quarter. Elevate Wealth Advisory Inc. bought a new position in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $65,000. Finally, Orion Capital Management LLC bought a new position in shares of iShares Global REIT ETF in the third quarter valued at approximately $108,000.

iShares Global REIT ETF Stock Up 0.8 %

REET stock opened at $23.25 on Friday. The firm has a market cap of $3.54 billion, a PE ratio of 19.98 and a beta of 0.92. The business has a 50 day moving average of $22.92 and a 200-day moving average of $23.23. iShares Global REIT ETF has a 12-month low of $19.69 and a 12-month high of $24.65.

iShares Global REIT ETF 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.