Valmark Advisers Inc. Cuts Stock Position in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)

Valmark Advisers Inc. lessened its stake in shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 2.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,120 shares of the company’s stock after selling 2,599 shares during the quarter. Valmark Advisers Inc. owned about 0.32% of SPDR Dow Jones Global Real Estate ETF worth $3,784,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF in the second quarter worth $105,000. Harbour Investments Inc. raised its position in SPDR Dow Jones Global Real Estate ETF by 26.9% in the second quarter. Harbour Investments Inc. now owns 6,194 shares of the company’s stock worth $257,000 after acquiring an additional 1,314 shares in the last quarter. Hills Bank & Trust Co raised its position in SPDR Dow Jones Global Real Estate ETF by 1.9% in the second quarter. Hills Bank & Trust Co now owns 206,800 shares of the company’s stock worth $8,588,000 after acquiring an additional 3,857 shares in the last quarter. XML Financial LLC raised its position in SPDR Dow Jones Global Real Estate ETF by 3.1% in the second quarter. XML Financial LLC now owns 119,508 shares of the company’s stock worth $4,963,000 after acquiring an additional 3,610 shares in the last quarter. Finally, Brand Asset Management Group Inc. raised its position in SPDR Dow Jones Global Real Estate ETF by 14.0% in the second quarter. Brand Asset Management Group Inc. now owns 19,440 shares of the company’s stock worth $807,000 after acquiring an additional 2,392 shares in the last quarter.

SPDR Dow Jones Global Real Estate ETF Stock Performance

NYSEARCA:RWO traded up $0.34 during trading hours on Friday, hitting $46.56. The company’s stock had a trading volume of 27,291 shares, compared to its average volume of 100,153. The business’s 50-day moving average is $43.71 and its two-hundred day moving average is $42.30. The company has a market capitalization of $1.32 billion, a PE ratio of 20.77 and a beta of 0.95. SPDR Dow Jones Global Real Estate ETF has a 52-week low of $35.60 and a 52-week high of $46.91.

SPDR Dow Jones Global Real Estate ETF Profile

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.