SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Hits New 52-Week High – Time to Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) shares reached a new 52-week high on Friday . The stock traded as high as $51.94 and last traded at $51.94, with a volume of 4141 shares traded. The stock had previously closed at $51.04.

SPDR Dow Jones Global Real Estate ETF Trading Up 1.6%

The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 28.96 and a beta of 0.90. The stock has a fifty day moving average of $49.75 and a 200-day moving average of $48.44.

Hedge Funds Weigh In On SPDR Dow Jones Global Real Estate ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Mowery & Schoenfeld Wealth Management LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF in the 4th quarter worth about $31,000. IFC & Insurance Marketing Inc. purchased a new stake in SPDR Dow Jones Global Real Estate ETF during the fourth quarter valued at about $32,000. Smartleaf Asset Management LLC lifted its stake in SPDR Dow Jones Global Real Estate ETF by 28.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,018 shares of the company’s stock valued at $46,000 after buying an additional 224 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in SPDR Dow Jones Global Real Estate ETF during the fourth quarter valued at about $111,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter worth about $122,000.

SPDR Dow Jones Global Real Estate ETF Company Profile