Triumph Capital Management Grows Position in iShares Global REIT ETF (NYSEARCA:REET)

Triumph Capital Management lifted its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 10.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,343 shares of the company’s stock after purchasing an additional 994 shares during the quarter. Triumph Capital Management’s holdings in iShares Global REIT ETF were worth $248,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of REET. Capital Performance Advisors LLP boosted its holdings in iShares Global REIT ETF by 1.1% during the 4th quarter. Capital Performance Advisors LLP now owns 39,697 shares of the company’s stock valued at $952,000 after acquiring an additional 421 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares Global REIT ETF by 2.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 16,769 shares of the company’s stock valued at $402,000 after acquiring an additional 435 shares during the period. Breakwater Investment Management boosted its holdings in iShares Global REIT ETF by 12.1% during the 4th quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock valued at $122,000 after acquiring an additional 551 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in iShares Global REIT ETF by 1.0% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 57,776 shares of the company’s stock valued at $1,392,000 after acquiring an additional 555 shares during the period. Finally, GeoWealth Management LLC boosted its holdings in iShares Global REIT ETF by 11.0% during the 4th quarter. GeoWealth Management LLC now owns 9,614 shares of the company’s stock valued at $230,000 after acquiring an additional 953 shares during the period.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock opened at $24.76 on Friday. The business has a 50-day moving average of $23.83 and a 200 day moving average of $24.45. iShares Global REIT ETF has a 12 month low of $20.96 and a 12 month high of $27.24. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 26.80 and a beta of 0.99.

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.