SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Large Volume Increase – Here’s Why

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) shares saw unusually-strong trading volume on Wednesday . Approximately 705,393 shares were traded during trading, an increase of 165% from the previous session’s volume of 265,759 shares.The stock last traded at $99.28 and had previously closed at $99.99.

SPDR Dow Jones REIT ETF Stock Down 0.2 %

The firm’s 50 day simple moving average is $100.24 and its 200 day simple moving average is $102.81. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 34.60 and a beta of 1.11.

Institutional Trading of SPDR Dow Jones REIT ETF

Several large investors have recently added to or reduced their stakes in the business. Synergy Investment Management LLC acquired a new position in SPDR Dow Jones REIT ETF during the 4th quarter valued at about $29,000. Redwood Park Advisors LLC bought a new position in shares of SPDR Dow Jones REIT ETF in the fourth quarter valued at approximately $30,000. Jones Financial Companies Lllp increased its stake in shares of SPDR Dow Jones REIT ETF by 202.9% during the fourth quarter. Jones Financial Companies Lllp now owns 518 shares of the company’s stock valued at $51,000 after acquiring an additional 347 shares during the period. Heck Capital Advisors LLC bought a new stake in SPDR Dow Jones REIT ETF during the fourth quarter worth approximately $54,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in SPDR Dow Jones REIT ETF in the fourth quarter worth approximately $61,000.

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.