Simplicity Wealth LLC Increases Stock Holdings in iShares Global REIT ETF (NYSEARCA:REET)

Simplicity Wealth LLC increased its stake in iShares Global REIT ETF (NYSEARCA:REET) by 56.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,763 shares of the company’s stock after acquiring an additional 9,962 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Global REIT ETF were worth $674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brooklyn FI LLC grew its position in shares of iShares Global REIT ETF by 6,573.1% in the fourth quarter. Brooklyn FI LLC now owns 15,061,248 shares of the company’s stock valued at $384,369,000 after purchasing an additional 14,835,546 shares during the period. Hsbc Holdings PLC lifted its stake in iShares Global REIT ETF by 35.2% in the 4th quarter. Hsbc Holdings PLC now owns 5,681,021 shares of the company’s stock valued at $136,174,000 after buying an additional 1,480,000 shares in the last quarter. M&T Bank Corp boosted its holdings in iShares Global REIT ETF by 13.1% in the 4th quarter. M&T Bank Corp now owns 4,481,366 shares of the company’s stock worth $107,419,000 after buying an additional 520,038 shares during the last quarter. SageView Advisory Group LLC boosted its holdings in iShares Global REIT ETF by 24.1% in the 4th quarter. SageView Advisory Group LLC now owns 2,377,760 shares of the company’s stock worth $56,995,000 after buying an additional 461,046 shares during the last quarter. Finally, LPL Financial LLC increased its stake 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 worth $35,832,000 after buying an additional 445,910 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock opened at $25.04 on Thursday. The stock has a market capitalization of $3.95 billion, a P/E ratio of 26.80 and a beta of 0.99. The business has a 50 day simple moving average of $24.04 and a two-hundred day simple moving average of $24.34. iShares Global REIT ETF has a 12 month low of $20.96 and a 12 month 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.