Brooklyn FI LLC Boosts Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Brooklyn FI LLC grew its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 6,573.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,061,248 shares of the company’s stock after buying an additional 14,835,546 shares during the quarter. iShares Global REIT ETF accounts for approximately 2.0% of Brooklyn FI LLC’s portfolio, making the stock its 16th largest holding. Brooklyn FI LLC owned about 0.10% of iShares Global REIT ETF worth $384,369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of REET. FMR LLC increased its stake in iShares Global REIT ETF by 391.4% in the 3rd quarter. FMR LLC now owns 1,366 shares of the company’s stock worth $36,000 after purchasing an additional 1,088 shares during the period. SRS Capital Advisors Inc. bought a new position in shares of iShares Global REIT ETF in the fourth quarter worth approximately $51,000. Heck Capital Advisors LLC purchased a new position in shares of iShares Global REIT ETF in the fourth quarter worth $62,000. Trust Co. of Vermont raised its holdings in iShares Global REIT ETF by 151.1% during the 4th quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after buying an additional 2,336 shares during the last quarter. Finally, Breakwater Investment Management boosted its position in iShares Global REIT ETF by 12.1% during the 4th quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after buying an additional 551 shares during the period.

iShares Global REIT ETF Stock Down 1.3 %

Shares of iShares Global REIT ETF stock opened at $24.28 on Wednesday. The company’s fifty day simple moving average is $24.40 and its two-hundred day simple moving average is $25.24. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The firm has a market cap of $3.76 billion, a PE ratio of 26.66 and a beta of 1.08.

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.