Brandywine Oak Private Wealth LLC Increases Stock Position in iShares Global REIT ETF $REET

Brandywine Oak Private Wealth LLC increased its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 690,507 shares of the company’s stock after buying an additional 38,844 shares during the quarter. iShares Global REIT ETF makes up 1.4% of Brandywine Oak Private Wealth LLC’s portfolio, making the stock its 16th largest holding. Brandywine Oak Private Wealth LLC’s holdings in iShares Global REIT ETF were worth $17,228,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. First National Bank of Omaha acquired a new position in shares of iShares Global REIT ETF during the 3rd quarter worth $544,000. Partners Capital Investment Group LLP grew its stake in shares of iShares Global REIT ETF by 5.6% during the 3rd quarter. Partners Capital Investment Group LLP now owns 1,413,342 shares of the company’s stock worth $36,125,000 after purchasing an additional 75,310 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of iShares Global REIT ETF during the 3rd quarter worth $583,000. Compagnie Lombard Odier SCmA grew its stake in shares of iShares Global REIT ETF by 276.4% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 38,390 shares of the company’s stock worth $958,000 after purchasing an additional 28,190 shares during the period. Finally, Modera Wealth Management LLC grew its stake in shares of iShares Global REIT ETF by 8.7% during the 4th quarter. Modera Wealth Management LLC now owns 1,299,166 shares of the company’s stock worth $32,414,000 after purchasing an additional 103,954 shares during the period.

iShares Global REIT ETF Stock Up 0.4%

NYSEARCA:REET opened at $27.41 on Friday. iShares Global REIT ETF has a fifty-two week low of $23.98 and a fifty-two week high of $27.66. The stock has a market cap of $4.80 billion, a PE ratio of 29.27 and a beta of 0.94. The firm’s fifty day simple moving average is $26.35 and its 200-day simple moving average is $25.82.

iShares Global REIT ETF Company 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.