Viewpoint Investment Partners Corp Has $6.92 Million Position in iShares Global REIT ETF (NYSEARCA:REET)

Viewpoint Investment Partners Corp lowered its position in shares of iShares Global REIT ETF (NYSEARCA:REET) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 286,000 shares of the company’s stock after selling 13,600 shares during the period. iShares Global REIT ETF makes up approximately 4.8% of Viewpoint Investment Partners Corp’s portfolio, making the stock its 5th largest position. Viewpoint Investment Partners Corp owned approximately 0.21% of iShares Global REIT ETF worth $6,915,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Co. of Vermont bought a new stake in shares of iShares Global REIT ETF during the third quarter valued at approximately $26,000. UMB Bank n.a. grew its position in iShares Global REIT ETF by 1,339.6% in the 3rd quarter. UMB Bank n.a. now owns 2,001 shares of the company’s stock worth $42,000 after purchasing an additional 1,862 shares during the period. Retirement Group LLC bought a new stake in iShares Global REIT ETF in the 4th quarter worth approximately $75,000. BNP Paribas Arbitrage SA bought a new stake in iShares Global REIT ETF in the 1st quarter worth approximately $82,000. Finally, Captrust Financial Advisors grew its position in iShares Global REIT ETF by 74.5% in the 1st quarter. Captrust Financial Advisors now owns 3,412 shares of the company’s stock worth $100,000 after purchasing an additional 1,457 shares during the period.

iShares Global REIT ETF Stock Performance

NYSEARCA:REET remained flat at $21.86 during trading hours on Thursday. 409,141 shares of the company’s stock were exchanged, compared to its average volume of 678,959. iShares Global REIT ETF has a fifty-two week low of $19.69 and a fifty-two week high of $24.65. The stock has a market cap of $3.34 billion, a price-to-earnings ratio of 19.38 and a beta of 0.92. The company’s 50 day simple moving average is $23.18 and its 200 day simple moving average is $22.68.

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.