iShares Global REIT ETF (NYSEARCA:REET) Holdings Cut by Capital Performance Advisors LLP

Capital Performance Advisors LLP decreased its stake in iShares Global REIT ETF (NYSEARCA:REET) by 2.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 40,894 shares of the company’s stock after selling 1,034 shares during the quarter. iShares Global REIT ETF makes up approximately 0.4% of Capital Performance Advisors LLP’s holdings, making the stock its 28th largest position. Capital Performance Advisors LLP’s holdings in iShares Global REIT ETF were worth $989,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trust Co. of Vermont purchased a new stake in iShares Global REIT ETF in the 3rd quarter worth approximately $26,000. UMB Bank n.a. lifted its position in iShares Global REIT ETF by 22.9% in the 4th quarter. UMB Bank n.a. now owns 2,460 shares of the company’s stock worth $59,000 after buying an additional 459 shares in the last quarter. ORG Partners LLC purchased a new stake in iShares Global REIT ETF in the 4th quarter worth approximately $122,000. Orion Capital Management LLC purchased a new stake in iShares Global REIT ETF in the 3rd quarter worth approximately $108,000. Finally, Citigroup Inc. lifted its position in iShares Global REIT ETF by 32.3% in the 3rd quarter. Citigroup Inc. now owns 8,474 shares of the company’s stock worth $179,000 after buying an additional 2,068 shares in the last quarter.

iShares Global REIT ETF Stock Performance

Shares of iShares Global REIT ETF stock traded up $0.11 during midday trading on Monday, reaching $22.79. 237,853 shares of the company’s stock traded hands, compared to its average volume of 667,831. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 18.85 and a beta of 0.91. The company’s 50 day simple moving average is $22.96 and its 200 day simple moving average is $22.82. iShares Global REIT ETF has a 52 week low of $19.69 and a 52 week 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.