Sava Infond d.o.o. Invests $40,000 in iShares Global REIT ETF (NYSEARCA:REET)

Sava Infond d.o.o. bought a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,650 shares of the company’s stock, valued at approximately $40,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooklyn FI LLC boosted its position in shares of iShares Global REIT ETF by 6,573.1% during the fourth quarter. Brooklyn FI LLC now owns 15,061,248 shares of the company’s stock worth $384,369,000 after buying an additional 14,835,546 shares during the period. M&T Bank Corp lifted its stake in iShares Global REIT ETF by 13.1% during the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock worth $107,419,000 after acquiring an additional 520,038 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Global REIT ETF by 42.5% during the 4th quarter. LPL Financial LLC now owns 1,494,856 shares of the company’s stock valued at $35,832,000 after acquiring an additional 445,910 shares during the period. Nicola Wealth Management LTD. grew its position in iShares Global REIT ETF by 57.0% in the 4th quarter. Nicola Wealth Management LTD. now owns 978,300 shares of the company’s stock valued at $23,450,000 after acquiring an additional 355,000 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in iShares Global REIT ETF by 157.4% during the third quarter. BNP Paribas Financial Markets now owns 516,940 shares of the company’s stock worth $13,797,000 after purchasing an additional 316,102 shares during the period.

iShares Global REIT ETF Stock Performance

Shares of REET opened at $24.13 on Friday. The stock has a market capitalization of $3.77 billion, a PE ratio of 26.39 and a beta of 1.08. The company’s 50-day simple moving average is $24.48 and its 200-day simple moving average is $25.16. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24.

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.