SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Reaches New 12-Month High at $106.00

Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $106.00 and last traded at $105.92, with a volume of 2835 shares changing hands. The stock had previously closed at $105.23.

SPDR Dow Jones REIT ETF Stock Performance

The company has a market cap of $1.65 billion, a price-to-earnings ratio of 27.69 and a beta of 1.00. The business has a 50-day simple moving average of $100.07 and a 200-day simple moving average of $94.47.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

A number of hedge funds have recently bought and sold shares of the stock. Northern Trust Corp raised its position in shares of SPDR Dow Jones REIT ETF by 7.6% during the 4th quarter. Northern Trust Corp now owns 2,705,926 shares of the company’s stock worth $257,929,000 after acquiring an additional 190,473 shares in the last quarter. DT Investment Partners LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the 2nd quarter worth about $6,003,000. UBS Group AG raised its position in shares of SPDR Dow Jones REIT ETF by 219.1% during the 4th quarter. UBS Group AG now owns 87,403 shares of the company’s stock worth $8,331,000 after acquiring an additional 60,011 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in SPDR Dow Jones REIT ETF by 723.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 28,976 shares of the company’s stock worth $2,698,000 after buying an additional 25,459 shares during the last quarter. Finally, Aveo Capital Partners LLC purchased a new position in SPDR Dow Jones REIT ETF during the 4th quarter worth approximately $1,951,000.

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.