State of New Jersey Common Pension Fund D Acquires Shares of 11,787,000 iShares Global REIT ETF $REET

State of New Jersey Common Pension Fund D acquired a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 11,787,000 shares of the company’s stock, valued at approximately $294,086,000. iShares Global REIT ETF accounts for about 1.1% of State of New Jersey Common Pension Fund D’s portfolio, making the stock its 14th biggest position. State of New Jersey Common Pension Fund D owned about 6.78% of iShares Global REIT ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First National Bank of Omaha purchased a new position in shares of iShares Global REIT ETF in the third quarter valued at $544,000. Partners Capital Investment Group LLP lifted its stake in iShares Global REIT ETF by 5.6% in the 3rd quarter. Partners Capital Investment Group LLP now owns 1,413,342 shares of the company’s stock valued at $36,125,000 after buying an additional 75,310 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in iShares Global REIT ETF in the 3rd quarter valued at about $583,000. Compagnie Lombard Odier SCmA boosted its stake in shares of iShares Global REIT ETF by 276.4% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 38,390 shares of the company’s stock worth $958,000 after purchasing an additional 28,190 shares during the last quarter. Finally, PDS Planning Inc grew its holdings in shares of iShares Global REIT ETF by 3.4% during the third quarter. PDS Planning Inc now owns 1,470,642 shares of the company’s stock worth $37,590,000 after buying an additional 47,980 shares in the last quarter.

iShares Global REIT ETF Trading Down 1.0%

NYSEARCA REET opened at $26.83 on Thursday. The company has a market capitalization of $4.72 billion, a PE ratio of 29.27 and a beta of 0.96. The business’s 50-day moving average price is $26.33 and its 200 day moving average price is $25.76. iShares Global REIT ETF has a twelve month low of $23.74 and a twelve month high of $27.50.

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.