SPDR Dow Jones REIT ETF (NYSEARCA:RWR – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 348,341 shares, a drop of 35.9% from the August 15th total of 543,147 shares. Based on an average daily volume of 186,804 shares, the short-interest ratio is currently 1.9 days. Currently, 2.0% of the company’s shares are sold short.
Hedge Funds Weigh In On SPDR Dow Jones REIT ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Private Advisor Group LLC boosted its position in shares of SPDR Dow Jones REIT ETF by 1.8% during the first quarter. Private Advisor Group LLC now owns 139,614 shares of the company’s stock worth $14,097,000 after buying an additional 2,422 shares during the period. Affinity Wealth LLC increased its position in SPDR Dow Jones REIT ETF by 3.0% during the second quarter. Affinity Wealth LLC now owns 91,986 shares of the company’s stock worth $10,392,000 after buying an additional 2,653 shares during the last quarter. Frederick Financial Consultants LLC lifted its holdings in SPDR Dow Jones REIT ETF by 3.1% during the 4th quarter. Frederick Financial Consultants LLC now owns 105,575 shares of the company’s stock valued at $10,371,000 after purchasing an additional 3,149 shares during the last quarter. DT Investment Partners LLC raised its position in shares of SPDR Dow Jones REIT ETF by 1.2% in the fourth quarter. DT Investment Partners LLC now owns 70,900 shares of the company’s stock valued at $6,965,000 after purchasing an additional 858 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in SPDR Dow Jones REIT ETF by 3.8% during the first quarter. Geneos Wealth Management Inc. now owns 62,311 shares of the company’s stock worth $6,291,000 after acquiring an additional 2,256 shares during the last quarter.
SPDR Dow Jones REIT ETF Trading Up 0.4%
Shares of RWR stock traded up $0.38 on Thursday, reaching $108.92. The company had a trading volume of 133,556 shares, compared to its average volume of 318,322. The company has a 50-day moving average of $114.11 and a 200-day moving average of $110.43. SPDR Dow Jones REIT ETF has a 12 month low of $96.66 and a 12 month high of $119.65. The stock has a market cap of $1.87 billion, a PE ratio of 36.49 and a beta of 0.96.
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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