Smallwood Wealth Investment Management LLC Buys 6,329 Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Smallwood Wealth Investment Management LLC raised its stake in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 56.7% in the 4th quarter, HoldingsChannel reports. The firm owned 17,494 shares of the company’s stock after purchasing an additional 6,329 shares during the period. SPDR Dow Jones REIT ETF makes up 1.2% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 19th biggest position. Smallwood Wealth Investment Management LLC’s holdings in SPDR Dow Jones REIT ETF were worth $1,730,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RWR. Franklin Resources Inc. raised its holdings in shares of SPDR Dow Jones REIT ETF by 10.5% during the 3rd quarter. Franklin Resources Inc. now owns 5,267 shares of the company’s stock valued at $550,000 after buying an additional 500 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Dow Jones REIT ETF by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 37,378 shares of the company’s stock worth $3,989,000 after acquiring an additional 530 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of SPDR Dow Jones REIT ETF by 2.1% in the 3rd quarter. HighTower Advisors LLC now owns 9,961 shares of the company’s stock worth $1,062,000 after acquiring an additional 201 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of SPDR Dow Jones REIT ETF in the 3rd quarter worth approximately $225,000. Finally, Cerity Partners LLC boosted its stake in shares of SPDR Dow Jones REIT ETF by 44.4% in the 3rd quarter. Cerity Partners LLC now owns 16,686 shares of the company’s stock valued at $1,781,000 after purchasing an additional 5,133 shares in the last quarter.

SPDR Dow Jones REIT ETF Stock Performance

RWR stock opened at $99.65 on Friday. The firm has a market cap of $1.54 billion, a P/E ratio of 27.69 and a beta of 1.00. The firm’s fifty day moving average is $101.72 and its 200 day moving average is $102.44. SPDR Dow Jones REIT ETF has a 52 week low of $85.94 and a 52 week high of $109.48.

SPDR Dow Jones REIT ETF 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.