Envestnet Asset Management Inc. Has $14.63 Million Stock Holdings in SPDR Dow Jones Global Real Estate ETF $RWO

Envestnet Asset Management Inc. lessened its stake in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 46.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 331,806 shares of the company’s stock after selling 293,551 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Dow Jones Global Real Estate ETF were worth $14,632,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of RWO. N.E.W. Advisory Services LLC acquired a new stake in shares of SPDR Dow Jones Global Real Estate ETF during the first quarter worth $195,000. Endowment Wealth Management Inc. acquired a new position in shares of SPDR Dow Jones Global Real Estate ETF during the 2nd quarter worth about $206,000. Fifth Third Bancorp raised its position in shares of SPDR Dow Jones Global Real Estate ETF by 9.3% in the 2nd quarter. Fifth Third Bancorp now owns 15,250 shares of the company’s stock valued at $673,000 after acquiring an additional 1,292 shares during the period. Raymond James Financial Inc. boosted its stake in SPDR Dow Jones Global Real Estate ETF by 3.0% during the 1st quarter. Raymond James Financial Inc. now owns 339,592 shares of the company’s stock worth $14,820,000 after acquiring an additional 9,744 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in SPDR Dow Jones Global Real Estate ETF by 1.5% during the first quarter. Focus Partners Wealth now owns 67,501 shares of the company’s stock valued at $2,946,000 after purchasing an additional 1,015 shares during the period.

SPDR Dow Jones Global Real Estate ETF Stock Up 0.1%

RWO opened at $45.29 on Friday. The stock has a market cap of $1.14 billion, a P/E ratio of 28.96 and a beta of 0.97. SPDR Dow Jones Global Real Estate ETF has a 12 month low of $37.86 and a 12 month high of $47.09. The company has a fifty day simple moving average of $45.53 and a 200 day simple moving average of $44.66.

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.