Collective Family Office LLC Raises Position in iShares Global REIT ETF (NYSEARCA:REET)

Collective Family Office LLC lifted its position in iShares Global REIT ETF (NYSEARCA:REET) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,465 shares of the company’s stock after acquiring an additional 2,270 shares during the period. Collective Family Office LLC’s holdings in iShares Global REIT ETF were worth $2,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in REET. FMR LLC raised its stake in shares of iShares Global REIT ETF by 391.4% in the third 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 last quarter. Farther Finance Advisors LLC purchased a new position in iShares Global REIT ETF in the third quarter valued at $39,000. Cullen Frost Bankers Inc. purchased a new stake in shares of iShares Global REIT ETF during the 2nd quarter worth about $104,000. Breakwater Investment Management grew its position in shares of iShares Global REIT ETF by 298.9% during the 2nd quarter. Breakwater Investment Management now owns 4,544 shares of the company’s stock valued at $106,000 after acquiring an additional 3,405 shares during the period. Finally, Matrix Trust Co purchased a new position in shares of iShares Global REIT ETF in the 3rd quarter valued at about $131,000.

iShares Global REIT ETF Price Performance

REET stock traded down $0.10 during mid-day trading on Wednesday, reaching $23.65. 176,497 shares of the company’s stock were exchanged, compared to its average volume of 661,930. iShares Global REIT ETF has a 12-month low of $21.79 and a 12-month high of $27.24. The stock’s 50 day moving average is $25.12 and its 200 day moving average is $25.27. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 19.98 and a beta of 0.92.

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.