First Pacific Financial Acquires 752 Shares of iShares Global REIT ETF (NYSEARCA:REET)

First Pacific Financial boosted its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 2.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,409 shares of the company’s stock after purchasing an additional 752 shares during the quarter. First Pacific Financial’s holdings in iShares Global REIT ETF were worth $808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of REET. MAS Advisors LLC grew its stake in shares of iShares Global REIT ETF by 35.4% in the 1st quarter. MAS Advisors LLC now owns 39,980 shares of the company’s stock worth $1,183,000 after buying an additional 10,444 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Global REIT ETF by 64.2% during the first quarter. JPMorgan Chase & Co. now owns 13,705 shares of the company’s stock valued at $400,000 after purchasing an additional 5,359 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of iShares Global REIT ETF by 57.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 43,908 shares of the company’s stock worth $1,283,000 after purchasing an additional 15,985 shares during the period. BlackRock Inc. raised its holdings in iShares Global REIT ETF by 23.4% during the 1st quarter. BlackRock Inc. now owns 5,204,339 shares of the company’s stock valued at $152,019,000 after buying an additional 987,459 shares during the period. Finally, Cetera Investment Advisers purchased a new position in iShares Global REIT ETF during the first quarter worth $237,000.

iShares Global REIT ETF Trading Up 2.1 %

Shares of REET opened at $23.54 on Thursday. iShares Global REIT ETF has a twelve month low of $19.69 and a twelve month high of $24.65. The company’s fifty day simple moving average is $23.28 and its 200-day simple moving average is $22.58. The company has a market cap of $3.23 billion, a P/E ratio of 18.16 and a beta of 0.93.

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.