SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Hits New 1-Year High – Should You Buy?

Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) reached a new 52-week high during trading on Thursday . The company traded as high as $114.95 and last traded at $114.64, with a volume of 194005 shares. The stock had previously closed at $113.48.

SPDR Dow Jones REIT ETF Stock Performance

The company has a market capitalization of $1.87 billion, a P/E ratio of 36.49 and a beta of 0.97. The firm’s fifty day moving average is $110.67 and its 200 day moving average is $105.57.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Clayton Financial Group LLC bought a new stake in shares of SPDR Dow Jones REIT ETF during the 4th quarter worth approximately $27,000. Larson Financial Group LLC lifted its position in shares of SPDR Dow Jones REIT ETF by 153.4% during the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock worth $30,000 after purchasing an additional 178 shares during the last quarter. CWM LLC increased its stake in SPDR Dow Jones REIT ETF by 119.7% in the 4th quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after buying an additional 176 shares during the period. CX Institutional lifted its holdings in SPDR Dow Jones REIT ETF by 852.9% during the 2nd quarter. CX Institutional now owns 324 shares of the company’s stock valued at $37,000 after buying an additional 290 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in SPDR Dow Jones REIT ETF during the 4th quarter valued at about $42,000.

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. 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.