Capasso Planning Partners LLC lowered its holdings in iShares Global REIT ETF (NYSEARCA:REET – Free Report) by 17.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 99,788 shares of the company’s stock after selling 21,729 shares during the period. iShares Global REIT ETF comprises approximately 1.0% of Capasso Planning Partners LLC’s investment portfolio, making the stock its 24th largest position. Capasso Planning Partners LLC’s holdings in iShares Global REIT ETF were worth $2,392,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the business. FMR LLC grew its position in iShares Global REIT ETF by 391.4% during the third quarter. FMR LLC now owns 1,366 shares of the company’s stock valued at $36,000 after purchasing an additional 1,088 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of iShares Global REIT ETF during the 3rd quarter valued at $39,000. SRS Capital Advisors Inc. acquired a new position in shares of iShares Global REIT ETF in the fourth quarter worth $51,000. Heck Capital Advisors LLC purchased a new stake in shares of iShares Global REIT ETF during the fourth quarter worth $62,000. Finally, Trust Co. of Vermont boosted its position in iShares Global REIT ETF by 151.1% during the fourth quarter. Trust Co. of Vermont now owns 3,882 shares of the company’s stock valued at $93,000 after purchasing an additional 2,336 shares during the last quarter.
iShares Global REIT ETF Stock Performance
Shares of NYSEARCA REET opened at $24.22 on Wednesday. The business has a 50 day simple moving average of $24.36 and a 200 day simple moving average of $25.30. iShares Global REIT ETF has a 52 week low of $21.79 and a 52 week high of $27.24. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 26.66 and a beta of 1.08.
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.
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