SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Update

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the target of a large growth in short interest in March. As of March 31st, there was short interest totaling 287,714 shares, a growth of 31.1% from the March 15th total of 219,421 shares. Based on an average daily trading volume, of 394,594 shares, the short-interest ratio is presently 0.7 days. Approximately 1.7% of the shares of the stock are sold short.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

A number of hedge funds and other institutional investors have recently modified their holdings of RWR. Clayton Financial Group LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter valued at $27,000. Larson Financial Group LLC increased 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 acquiring an additional 178 shares during the period. CWM LLC raised its stake in shares of SPDR Dow Jones REIT ETF by 119.7% during the fourth quarter. CWM LLC now owns 323 shares of the company’s stock valued at $32,000 after acquiring an additional 176 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in SPDR Dow Jones REIT ETF in the fourth quarter worth approximately $42,000. Finally, Caldwell Trust Co purchased a new stake in shares of SPDR Dow Jones REIT ETF in the 2nd quarter worth $43,000.

SPDR Dow Jones REIT ETF Price Performance

Shares of NYSEARCA RWR traded up $1.66 during mid-day trading on Friday, reaching $109.76. The company’s stock had a trading volume of 153,424 shares, compared to its average volume of 350,873. SPDR Dow Jones REIT ETF has a 52 week low of $91.36 and a 52 week high of $109.85. The stock has a fifty day moving average of $104.90 and a two-hundred day moving average of $101.58. The firm has a market capitalization of $1.82 billion, a PE ratio of 36.49 and a beta of 1.02.

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.