SPDR Dow Jones REIT ETF (NYSEARCA:RWR – Get Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 209,507 shares, a decline of 44.2% from the June 15th total of 375,736 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 283,505 shares, the short-interest ratio is currently 0.7 days.
Hedge Funds Weigh In On SPDR Dow Jones REIT ETF
Large investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its position in SPDR Dow Jones REIT ETF by 0.9% in the 1st quarter. Royal Bank of Canada now owns 26,921 shares of the company’s stock worth $2,669,000 after purchasing an additional 234 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of SPDR Dow Jones REIT ETF during the first quarter valued at about $262,000. Jones Financial Companies Lllp raised its position in shares of SPDR Dow Jones REIT ETF by 139.6% during the first quarter. Jones Financial Companies Lllp now owns 1,241 shares of the company’s stock valued at $123,000 after buying an additional 723 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of SPDR Dow Jones REIT ETF by 81.7% in the second quarter. Qube Research & Technologies Ltd now owns 17,713 shares of the company’s stock valued at $1,708,000 after buying an additional 7,964 shares during the period. Finally, NewEdge Advisors LLC grew its position in SPDR Dow Jones REIT ETF by 401.0% during the second quarter. NewEdge Advisors LLC now owns 36,962 shares of the company’s stock worth $3,565,000 after buying an additional 29,585 shares in the last quarter.
SPDR Dow Jones REIT ETF Stock Down 0.6%
Shares of RWR stock traded down $0.74 during trading hours on Friday, reaching $116.92. 269,189 shares of the company’s stock were exchanged, compared to its average volume of 327,571. SPDR Dow Jones REIT ETF has a fifty-two week low of $94.44 and a fifty-two week high of $118.99. The stock has a market capitalization of $1.90 billion, a P/E ratio of 36.49 and a beta of 0.97. The business has a fifty day moving average price of $112.00 and a 200-day moving average price of $106.79.
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.
Featured Stories
- Five stocks we like better than SPDR Dow Jones REIT ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for SPDR Dow Jones REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Dow Jones REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
