SPDR Dow Jones REIT ETF (NYSEARCA:RWR – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 192,933 shares, an increase of 64.1% from the July 15th total of 117,562 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 369,615 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Investors Weigh In On SPDR Dow Jones REIT ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in RWR. Larson Financial Group LLC lifted its holdings in shares of SPDR Dow Jones REIT ETF by 153.4% during the 3rd quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after buying an additional 178 shares during the period. CWM LLC grew its holdings in shares of SPDR Dow Jones REIT ETF by 119.7% in the fourth quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after acquiring an additional 176 shares during the period. CX Institutional grew its holdings in shares of SPDR Dow Jones REIT ETF by 852.9% in the second quarter. CX Institutional now owns 324 shares of the company’s stock worth $37,000 after acquiring an additional 290 shares during the period. Atlas Capital Advisors Inc. bought a new position in SPDR Dow Jones REIT ETF in the fourth quarter valued at about $42,000. Finally, Laurel Wealth Advisors LLC purchased a new position in SPDR Dow Jones REIT ETF in the fourth quarter worth about $44,000.
SPDR Dow Jones REIT ETF Stock Up 0.8%
Shares of NYSEARCA RWR traded up $0.90 during midday trading on Wednesday, hitting $114.36. The stock had a trading volume of 21,232 shares, compared to its average volume of 337,246. The business’s 50 day moving average is $114.56 and its 200-day moving average is $109.37. The company has a market cap of $1.96 billion, a P/E ratio of 36.49 and a beta of 0.96. SPDR Dow Jones REIT ETF has a 52 week low of $96.66 and a 52 week high of $119.65.
SPDR Dow Jones REIT ETF Company Profile
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.
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