Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $3.49 Million Stake in iShares Global REIT ETF $REET

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in iShares Global REIT ETF (NYSEARCA:REET) by 45.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,000 shares of the company’s stock after selling 115,411 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.08% of iShares Global REIT ETF worth $3,493,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of iShares Global REIT ETF in the 4th quarter valued at about $26,000. Operose Advisors LLC raised its stake in shares of iShares Global REIT ETF by 211.1% in the 4th quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after purchasing an additional 1,440 shares during the period. United Financial Planning Group LLC acquired a new stake in shares of iShares Global REIT ETF in the 3rd quarter valued at about $64,000. CoreCap Advisors LLC raised its stake in shares of iShares Global REIT ETF by 37.7% in the 4th quarter. CoreCap Advisors LLC now owns 3,457 shares of the company’s stock valued at $86,000 after purchasing an additional 946 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of iShares Global REIT ETF in the 3rd quarter valued at about $91,000.

iShares Global REIT ETF Price Performance

REET opened at $27.11 on Friday. The business’s 50-day moving average price is $26.73 and its two-hundred day moving average price is $26.07. iShares Global REIT ETF has a 1 year low of $24.28 and a 1 year high of $27.69. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 29.27 and a beta of 0.93.

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.