Heritage Investment Group Inc. increased its stake in shares of iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,690,158 shares of the company’s stock after acquiring an additional 78,144 shares during the quarter. iShares Global REIT ETF comprises approximately 6.4% of Heritage Investment Group Inc.’s portfolio, making the stock its 4th largest holding. Heritage Investment Group Inc.’s holdings in iShares Global REIT ETF were worth $42,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of REET. Polianta Ltd acquired a new stake in shares of iShares Global REIT ETF during the fourth quarter worth about $90,668,000. Jane Street Group LLC purchased a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at about $24,090,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of iShares Global REIT ETF by 73.0% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,796,249 shares of the company’s stock valued at $45,912,000 after purchasing an additional 758,228 shares during the period. Quent Long Short Global Small Cap Fund LP purchased a new position in iShares Global REIT ETF during the 4th quarter worth approximately $12,605,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares Global REIT ETF by 8.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,425,901 shares of the company’s stock worth $138,686,000 after buying an additional 412,732 shares during the last quarter.
iShares Global REIT ETF Stock Down 1.0%
REET opened at $26.83 on Thursday. iShares Global REIT ETF has a 52 week low of $23.74 and a 52 week high of $27.50. The business’s 50 day moving average is $26.33 and its two-hundred day moving average is $25.76. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 29.27 and a beta of 0.96.
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.
Featured Stories
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.
