Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its stake in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 45.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,000 shares of the company’s stock after selling 115,411 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in iShares Global REIT ETF were worth $3,493,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. State of New Jersey Common Pension Fund D bought a new position in iShares Global REIT ETF during the fourth quarter worth about $294,086,000. Polianta Ltd acquired a new position in iShares Global REIT ETF during the fourth quarter worth approximately $90,668,000. Jane Street Group LLC acquired a new position in iShares Global REIT ETF during the second quarter worth approximately $24,090,000. Northwestern Mutual Wealth Management Co. increased its position in iShares Global REIT ETF by 12.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,117,917 shares of the company’s stock worth $152,642,000 after buying an additional 692,016 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP acquired a new position in iShares Global REIT ETF during the fourth quarter worth approximately $12,605,000.
iShares Global REIT ETF Stock Up 1.0%
Shares of NYSEARCA REET opened at $27.11 on Friday. The business’s 50 day moving average price is $26.73 and its two-hundred day moving average price is $26.07. The company has a market cap of $4.75 billion, a PE ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a twelve month low of $24.28 and a twelve month high of $27.69.
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.
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