SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Unusually-High Trading Volume

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) saw an uptick in trading volume on Friday . 490,742 shares changed hands during trading, an increase of 443% from the previous session’s volume of 90,418 shares.The stock last traded at $41.33 and had previously closed at $41.09.

SPDR Dow Jones Global Real Estate ETF Price Performance

The company has a fifty day moving average of $41.23 and a 200-day moving average of $41.91. The firm has a market capitalization of $1.18 billion, a PE ratio of 20.77 and a beta of 0.95.

Institutional Trading of SPDR Dow Jones Global Real Estate ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF during the fourth quarter worth $44,000. Joseph Group Capital Management raised its holdings in SPDR Dow Jones Global Real Estate ETF by 21.9% during the fourth quarter. Joseph Group Capital Management now owns 1,643 shares of the company’s stock valued at $72,000 after buying an additional 295 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in SPDR Dow Jones Global Real Estate ETF by 321.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,716 shares of the company’s stock valued at $119,000 after buying an additional 2,072 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at about $159,000. Finally, CoreCap Advisors LLC acquired a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at about $208,000.

About SPDR Dow Jones Global Real Estate ETF

SPDR Dow Jones Global Real Estate ETF (the Fund), formerly SPDR DJ Wilshire Global Real Estate ETF, seeks to replicate as closely as possible the price and yield performance of the Dow Jones Global Select Real Estate Securities Index (the Index), an index based upon the global real estate market. The Index is a float-adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries.