SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Large Drop in Short Interest

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 117,562 shares, a drop of 43.9% from the June 30th total of 209,507 shares. Based on an average trading volume of 273,095 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

Large investors have recently bought and sold shares of the stock. Millennium Management LLC grew its holdings in shares of SPDR Dow Jones REIT ETF by 68.9% during the third quarter. Millennium Management LLC now owns 387,748 shares of the company’s stock valued at $38,887,000 after buying an additional 158,152 shares during the last quarter. St. Clair Advisors LLC bought a new position in shares of SPDR Dow Jones REIT ETF during the 4th quarter worth approximately $12,697,000. LPL Financial LLC lifted its holdings in SPDR Dow Jones REIT ETF by 37.8% during the fourth quarter. LPL Financial LLC now owns 439,980 shares of the company’s stock worth $43,219,000 after acquiring an additional 120,601 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of SPDR Dow Jones REIT ETF by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,203,285 shares of the company’s stock worth $216,429,000 after buying an additional 110,318 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in SPDR Dow Jones REIT ETF by 401.0% in the second quarter. NewEdge Advisors LLC now owns 36,962 shares of the company’s stock valued at $3,565,000 after acquiring an additional 29,585 shares during the last quarter.

SPDR Dow Jones REIT ETF Price Performance

Shares of SPDR Dow Jones REIT ETF stock traded down $0.33 during trading on Wednesday, hitting $118.44. The company’s stock had a trading volume of 171,960 shares, compared to its average volume of 331,337. SPDR Dow Jones REIT ETF has a 52 week low of $94.44 and a 52 week high of $119.65. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 36.49 and a beta of 0.97. The stock has a 50-day moving average price of $113.27 and a two-hundred day moving average price of $107.88.

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.