SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Reaches New 52-Week High – Should You Buy?

SPDR Dow Jones REIT ETF (NYSEARCA:RWRGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $112.42 and last traded at $111.59, with a volume of 139944 shares trading hands. The stock had previously closed at $111.90.

SPDR Dow Jones REIT ETF Price Performance

The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 36.49 and a beta of 0.99. The company has a fifty day moving average price of $106.68 and a two-hundred day moving average price of $103.54.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

Hedge funds have recently modified their holdings of the stock. Clayton Financial Group LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter valued at $27,000. Larson Financial Group LLC lifted its holdings in shares of SPDR Dow Jones REIT ETF by 153.4% during the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after purchasing an additional 178 shares during the last quarter. CWM LLC lifted its holdings in shares of SPDR Dow Jones REIT ETF by 119.7% during the fourth quarter. CWM LLC now owns 323 shares of the company’s stock valued at $32,000 after purchasing an additional 176 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter valued at $42,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter valued at $44,000.

SPDR Dow Jones REIT ETF Company Profile

(Get Free Report)

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. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.

Further Reading

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