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

Valmark Advisers Inc. decreased its holdings in shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 1.7% during the fourth quarter, HoldingsChannel reports. The firm owned 89,580 shares of the company’s stock after selling 1,505 shares during the period. Valmark Advisers Inc.’s holdings in SPDR Dow Jones Global Real Estate ETF were worth $3,842,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its position in SPDR Dow Jones Global Real Estate ETF by 576.6% during the 3rd quarter. FMR LLC now owns 1,245 shares of the company’s stock valued at $59,000 after purchasing an additional 1,061 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of SPDR Dow Jones Global Real Estate ETF in the 3rd quarter worth approximately $88,000. US Bancorp DE grew its position in SPDR Dow Jones Global Real Estate ETF by 2.5% during the 3rd quarter. US Bancorp DE now owns 91,203 shares of the company’s stock worth $4,340,000 after purchasing an additional 2,262 shares during the last quarter. Great Valley Advisor Group Inc. grew its position in SPDR Dow Jones Global Real Estate ETF by 4.2% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 26,074 shares of the company’s stock worth $1,239,000 after purchasing an additional 1,049 shares during the last quarter. Finally, Phillips Financial Management LLC grew its position in SPDR Dow Jones Global Real Estate ETF by 15.1% during the 3rd quarter. Phillips Financial Management LLC now owns 5,469 shares of the company’s stock worth $260,000 after purchasing an additional 718 shares during the last quarter.

SPDR Dow Jones Global Real Estate ETF Trading Down 0.3 %

Shares of NYSEARCA RWO opened at $44.35 on Friday. SPDR Dow Jones Global Real Estate ETF has a 12 month low of $39.40 and a 12 month high of $48.60. The company has a 50 day simple moving average of $43.37 and a two-hundred day simple moving average of $45.14. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 20.77 and a beta of 0.95.

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.