iShares Global REIT ETF $REET Shares Acquired by Naples Global Advisors LLC

Naples Global Advisors LLC lifted its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 18.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 368,396 shares of the company’s stock after purchasing an additional 58,054 shares during the period. Naples Global Advisors LLC’s holdings in iShares Global REIT ETF were worth $9,191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter worth $26,000. Westfuller Advisors LLC acquired a new stake in shares of iShares Global REIT ETF during the 3rd quarter worth $58,000. CoreCap Advisors LLC increased its holdings in iShares Global REIT ETF by 27,800.0% in the 3rd quarter. CoreCap Advisors LLC now owns 2,511 shares of the company’s stock valued at $64,000 after purchasing an additional 2,502 shares in the last quarter. United Financial Planning Group LLC acquired a new stake in iShares Global REIT ETF in the 3rd quarter valued at $64,000. Finally, Triumph Capital Management acquired a new stake in iShares Global REIT ETF in the 3rd quarter valued at $91,000.

iShares Global REIT ETF Stock Performance

Shares of NYSEARCA REET opened at $27.41 on Monday. iShares Global REIT ETF has a 12-month low of $23.98 and a 12-month high of $27.66. The company has a market cap of $4.80 billion, a P/E ratio of 29.27 and a beta of 0.94. The stock has a fifty day moving average price of $26.35 and a 200 day moving average price of $25.82.

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.