Greenspring Advisors LLC Increases Stock Holdings in iShares Global REIT ETF $REET

Greenspring Advisors LLC raised its stake in iShares Global REIT ETF (NYSEARCA:REET) by 184.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,407 shares of the company’s stock after purchasing an additional 85,273 shares during the period. Greenspring Advisors LLC’s holdings in iShares Global REIT ETF were worth $3,279,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in REET. State of New Jersey Common Pension Fund D purchased a new position in iShares Global REIT ETF in the fourth quarter valued at approximately $294,086,000. Polianta Ltd purchased a new position in shares of iShares Global REIT ETF during the fourth quarter worth approximately $90,668,000. Goldman Sachs Group Inc. grew its position in shares of iShares Global REIT ETF by 167.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,484,686 shares of the company’s stock worth $86,943,000 after acquiring an additional 2,181,940 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of iShares Global REIT ETF during the second quarter worth approximately $24,090,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Global REIT ETF by 12.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,117,917 shares of the company’s stock worth $152,642,000 after acquiring an additional 692,016 shares during the last quarter.

iShares Global REIT ETF Trading Down 0.1%

Shares of REET opened at $26.83 on Thursday. The firm has a market cap of $4.70 billion, a PE ratio of 29.27 and a beta of 0.94. The company’s 50 day simple moving average is $26.69 and its 200-day simple moving average is $26.06. iShares Global REIT ETF has a 12-month low of $24.28 and a 12-month high of $27.69.

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.