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

Collective Family Office LLC increased its holdings in iShares Global REIT ETF (NYSEARCA:REET) by 8.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 92,034 shares of the company’s stock after acquiring an additional 7,033 shares during the period. Collective Family Office LLC owned approximately 0.07% of iShares Global REIT ETF worth $2,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First PREMIER Bank acquired a new stake in shares of iShares Global REIT ETF during the 1st quarter worth about $56,000. ZRC Wealth Management LLC acquired a new stake in shares of iShares Global REIT ETF during the first quarter valued at about $74,000. Retirement Group LLC purchased a new stake in shares of iShares Global REIT ETF in the 4th quarter valued at approximately $75,000. BNP Paribas Arbitrage SA acquired a new position in shares of iShares Global REIT ETF in the 1st quarter worth approximately $82,000. Finally, Captrust Financial Advisors boosted its position in shares of iShares Global REIT ETF by 74.5% during the 1st quarter. Captrust Financial Advisors now owns 3,412 shares of the company’s stock worth $100,000 after purchasing an additional 1,457 shares during the period.

iShares Global REIT ETF Stock Down 0.5 %

NYSEARCA REET traded down $0.11 on Monday, reaching $22.64. The stock had a trading volume of 127,809 shares, compared to its average volume of 593,987. The stock has a fifty day moving average price of $23.11 and a two-hundred day moving average price of $22.89. iShares Global REIT ETF has a 12-month low of $20.04 and a 12-month high of $25.72. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 18.16 and a beta of 0.93.

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.