SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Reaches New 12-Month High at $101.40

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) hit a new 52-week high during trading on Wednesday . The stock traded as high as $101.40 and last traded at $101.24, with a volume of 11571 shares. The stock had previously closed at $101.22.

SPDR Dow Jones REIT ETF Price Performance

The firm’s 50 day moving average is $96.29 and its 200 day moving average is $93.09. The company has a market capitalization of $1.56 billion, a PE ratio of 27.69 and a beta of 1.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Principal Securities Inc. purchased a new position in SPDR Dow Jones REIT ETF during the 4th quarter valued at $30,000. First Horizon Advisors Inc. purchased a new position in SPDR Dow Jones REIT ETF during the 2nd quarter valued at $36,000. EverSource Wealth Advisors LLC increased its position in SPDR Dow Jones REIT ETF by 261.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 398 shares of the company’s stock valued at $39,000 after purchasing an additional 288 shares during the period. VitalStone Financial LLC boosted its stake in SPDR Dow Jones REIT ETF by 114.1% in the 2nd quarter. VitalStone Financial LLC now owns 409 shares of the company’s stock worth $38,000 after purchasing an additional 218 shares in the last quarter. Finally, Lynx Investment Advisory bought a new position in SPDR Dow Jones REIT ETF in the 2nd quarter worth about $53,000.

About SPDR Dow Jones REIT ETF

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960.