Bank of New York Mellon Corp Trims Position in SPDR Dow Jones Global Real Estate ETF $RWO

Bank of New York Mellon Corp lessened its holdings in shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 3.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,386,448 shares of the company’s stock after selling 50,094 shares during the quarter. Bank of New York Mellon Corp owned approximately 5.51% of SPDR Dow Jones Global Real Estate ETF worth $61,198,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV raised its holdings in SPDR Dow Jones Global Real Estate ETF by 69.8% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,275 shares of the company’s stock worth $100,000 after purchasing an additional 935 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of SPDR Dow Jones Global Real Estate ETF during the first quarter valued at about $195,000. Discipline Wealth Solutions LLC bought a new position in SPDR Dow Jones Global Real Estate ETF in the second quarter worth about $204,000. Endowment Wealth Management Inc. bought a new position in SPDR Dow Jones Global Real Estate ETF in the second quarter worth about $206,000. Finally, Flagstar Advisors Inc. purchased a new stake in SPDR Dow Jones Global Real Estate ETF in the second quarter worth about $208,000.

SPDR Dow Jones Global Real Estate ETF Stock Performance

SPDR Dow Jones Global Real Estate ETF stock opened at $45.86 on Monday. SPDR Dow Jones Global Real Estate ETF has a fifty-two week low of $37.86 and a fifty-two week high of $47.09. The stock’s 50 day simple moving average is $45.53 and its two-hundred day simple moving average is $44.71. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 28.96 and a beta of 0.97.

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.