Squarepoint Ops LLC Invests $270,000 in iShares Global REIT ETF (NYSEARCA:REET)

Squarepoint Ops LLC acquired a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,607 shares of the company’s stock, valued at approximately $270,000.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of iShares Global REIT ETF during the 2nd quarter worth approximately $67,000. IAG Wealth Partners LLC acquired a new stake in iShares Global REIT ETF in the second quarter worth $92,000. Cullen Frost Bankers Inc. bought a new stake in iShares Global REIT ETF in the second quarter valued at $104,000. Breakwater Investment Management raised its holdings in shares of iShares Global REIT ETF by 298.9% during the second quarter. Breakwater Investment Management now owns 4,544 shares of the company’s stock valued at $106,000 after purchasing an additional 3,405 shares during the period. Finally, SYM FINANCIAL Corp bought a new position in shares of iShares Global REIT ETF during the 1st quarter worth about $111,000.

iShares Global REIT ETF Trading Up 0.9 %

NYSEARCA REET opened at $25.95 on Friday. The company has a market cap of $3.95 billion, a P/E ratio of 19.98 and a beta of 0.92. The company has a fifty day simple moving average of $25.97 and a 200 day simple moving average of $24.17. iShares Global REIT ETF has a 12-month low of $19.69 and a 12-month high of $27.24.

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.