SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Hits New 1-Year High – Time to Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $49.91 and last traded at $49.7840, with a volume of 3678 shares changing hands. The stock had previously closed at $49.40.

SPDR Dow Jones Global Real Estate ETF Stock Up 0.4%

The firm has a market cap of $1.24 billion, a PE ratio of 28.96 and a beta of 0.97. The business has a 50 day simple moving average of $46.80 and a two-hundred day simple moving average of $45.91.

Institutional Investors Weigh In On SPDR Dow Jones Global Real Estate ETF

Several large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of SPDR Dow Jones Global Real Estate ETF by 65.3% during the fourth quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock worth $15,249,000 after acquiring an additional 140,482 shares during the period. Royal Bank of Canada grew its stake in SPDR Dow Jones Global Real Estate ETF by 9.4% in the first quarter. Royal Bank of Canada now owns 56,200 shares of the company’s stock worth $2,453,000 after purchasing an additional 4,838 shares in the last quarter. Jane Street Group LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF during the 1st quarter worth $1,440,000. Austin Private Wealth LLC raised its position in SPDR Dow Jones Global Real Estate ETF by 76.3% during the 2nd quarter. Austin Private Wealth LLC now owns 63,082 shares of the company’s stock valued at $2,784,000 after purchasing an additional 27,294 shares in the last quarter. Finally, Wolverine Asset Management LLC purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 2nd quarter worth $988,000.

About SPDR Dow Jones Global Real Estate ETF