GP Brinson Investments LLC Has $5.76 Million Stake in iShares Global REIT ETF $REET

GP Brinson Investments LLC lifted its stake in shares of iShares Global REIT ETF (NYSEARCA:REET) by 11.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 208,553 shares of the company’s stock after purchasing an additional 22,214 shares during the quarter. iShares Global REIT ETF comprises 2.4% of GP Brinson Investments LLC’s portfolio, making the stock its 7th largest position. GP Brinson Investments LLC owned approximately 0.12% of iShares Global REIT ETF worth $5,760,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in REET. SHP Wealth Management acquired a new position in iShares Global REIT ETF during the 4th quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new stake in iShares Global REIT ETF in the fourth quarter worth $26,000. Mascoma Wealth Management LLC acquired a new stake in iShares Global REIT ETF in the first quarter worth $33,000. EFG International AG bought a new stake in iShares Global REIT ETF in the fourth quarter valued at $50,000. Finally, Operose Advisors LLC lifted its stake in iShares Global REIT ETF by 211.1% in the fourth quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after buying an additional 1,440 shares during the last quarter.

iShares Global REIT ETF Stock Performance

Shares of REET opened at $28.38 on Monday. iShares Global REIT ETF has a 1 year low of $24.28 and a 1 year high of $29.06. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 29.27 and a beta of 0.92. The firm has a fifty day moving average of $27.79 and a 200-day moving average of $26.88.

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.