Capasso Planning Partners LLC Lowers Position in iShares Global REIT ETF $REET

Capasso Planning Partners LLC decreased its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 27.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,024 shares of the company’s stock after selling 28,832 shares during the period. iShares Global REIT ETF makes up approximately 1.1% of Capasso Planning Partners LLC’s investment portfolio, making the stock its 21st biggest position. Capasso Planning Partners LLC’s holdings in iShares Global REIT ETF were worth $1,878,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Leo Wealth LLC increased its stake in iShares Global REIT ETF by 2.1% in the 2nd quarter. Leo Wealth LLC now owns 19,694 shares of the company’s stock worth $486,000 after acquiring an additional 399 shares during the last quarter. Clarity Wealth Development LLC grew its holdings in shares of iShares Global REIT ETF by 4.6% in the second quarter. Clarity Wealth Development LLC now owns 10,965 shares of the company’s stock valued at $271,000 after purchasing an additional 481 shares in the last quarter. Matrix Trust Co grew its holdings in shares of iShares Global REIT ETF by 0.9% in the second quarter. Matrix Trust Co now owns 57,259 shares of the company’s stock valued at $1,414,000 after purchasing an additional 510 shares in the last quarter. Aire Advisors LLC increased its position in iShares Global REIT ETF by 4.1% in the second quarter. Aire Advisors LLC now owns 13,050 shares of the company’s stock worth $322,000 after purchasing an additional 510 shares during the last quarter. Finally, Betterment LLC raised its stake in iShares Global REIT ETF by 5.3% during the first quarter. Betterment LLC now owns 11,035 shares of the company’s stock valued at $268,000 after purchasing an additional 552 shares in the last quarter.

iShares Global REIT ETF Stock Up 1.4%

REET stock opened at $25.52 on Friday. iShares Global REIT ETF has a 52 week low of $20.96 and a 52 week high of $26.54. The firm has a market capitalization of $4.02 billion, a P/E ratio of 29.27 and a beta of 0.99. The company has a fifty day simple moving average of $25.45 and a two-hundred day simple moving average of $24.98.

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.