Nepc LLC Grows Holdings in iShares Global REIT ETF $REET

Nepc LLC increased its position in iShares Global REIT ETF (NYSEARCA:REET) by 5.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,562,057 shares of the company’s stock after acquiring an additional 82,034 shares during the quarter. iShares Global REIT ETF comprises approximately 1.0% of Nepc LLC’s holdings, making the stock its 22nd biggest position. Nepc LLC’s holdings in iShares Global REIT ETF were worth $37,896,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in REET. Triumph Capital Management increased its holdings in iShares Global REIT ETF by 10.6% in the 4th quarter. Triumph Capital Management now owns 10,343 shares of the company’s stock worth $248,000 after acquiring an additional 994 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in iShares Global REIT ETF by 3.5% during the 4th quarter. Ameriprise Financial Inc. now owns 36,710 shares of the company’s stock valued at $880,000 after buying an additional 1,246 shares in the last quarter. Bank of America Corp DE grew its holdings in iShares Global REIT ETF by 4.5% during the 4th quarter. Bank of America Corp DE now owns 835,875 shares of the company’s stock valued at $20,036,000 after buying an additional 36,178 shares in the last quarter. CoreCap Advisors LLC grew its holdings in iShares Global REIT ETF by 15,244.4% during the 4th quarter. CoreCap Advisors LLC now owns 1,381 shares of the company’s stock valued at $33,000 after buying an additional 1,372 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. purchased a new stake in iShares Global REIT ETF during the 4th quarter valued at approximately $218,000.

iShares Global REIT ETF Stock Performance

NYSEARCA REET opened at $25.51 on Wednesday. The company has a market capitalization of $4.03 billion, a P/E ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a one year low of $20.96 and a one year high of $27.24. The stock has a 50 day moving average price of $24.99 and a 200-day moving average price of $24.51.

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.