JPMorgan Chase & Co. Sells 5,072 Shares of SPDR Dow Jones REIT ETF $RWR

JPMorgan Chase & Co. decreased its holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 674,674 shares of the company’s stock after selling 5,072 shares during the quarter. JPMorgan Chase & Co. owned approximately 4.04% of SPDR Dow Jones REIT ETF worth $67,663,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. CIBC Bancorp USA Inc. acquired a new position in SPDR Dow Jones REIT ETF during the 3rd quarter worth about $749,000. Advisory Services Network LLC bought a new stake in shares of SPDR Dow Jones REIT ETF in the 3rd quarter valued at about $65,000. CacheTech Inc. increased its stake in shares of SPDR Dow Jones REIT ETF by 13.1% in the third quarter. CacheTech Inc. now owns 27,826 shares of the company’s stock valued at $2,791,000 after buying an additional 3,227 shares during the period. Millennium Management LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 68.9% in the third quarter. Millennium Management LLC now owns 387,748 shares of the company’s stock valued at $38,887,000 after buying an additional 158,152 shares during the period. Finally, Larson Financial Group LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 153.4% in the third 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.

SPDR Dow Jones REIT ETF Price Performance

Shares of RWR opened at $103.63 on Friday. The business has a 50-day moving average of $104.05 and a 200-day moving average of $101.18. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 36.49 and a beta of 1.05. SPDR Dow Jones REIT ETF has a 1 year low of $83.14 and a 1 year high of $109.24.

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. 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.