SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Down 44.2% in June

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 209,507 shares, a decline of 44.2% from the June 15th total of 375,736 shares. Based on an average daily volume of 283,505 shares, the short-interest ratio is presently 0.7 days. Currently, 1.3% of the shares of the stock are sold short.

Institutional Trading of SPDR Dow Jones REIT ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC lifted its holdings in SPDR Dow Jones REIT ETF by 68.9% in the 3rd quarter. Millennium Management LLC now owns 387,748 shares of the company’s stock valued at $38,887,000 after acquiring an additional 158,152 shares during the last quarter. St. Clair Advisors LLC acquired a new position in shares of SPDR Dow Jones REIT ETF in the 4th quarter worth approximately $12,697,000. LPL Financial LLC raised its holdings in shares of SPDR Dow Jones REIT ETF by 37.8% in the 4th quarter. LPL Financial LLC now owns 439,980 shares of the company’s stock worth $43,219,000 after purchasing an additional 120,601 shares in the last quarter. Charles Schwab Investment Management Inc. raised 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 purchasing an additional 110,318 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in SPDR Dow Jones REIT ETF by 401.0% during the second quarter. NewEdge Advisors LLC now owns 36,962 shares of the company’s stock valued at $3,565,000 after purchasing an additional 29,585 shares during the last quarter.

SPDR Dow Jones REIT ETF Stock Up 2.9%

RWR traded up $3.34 during trading on Thursday, reaching $117.66. The stock had a trading volume of 167,445 shares, compared to its average volume of 328,155. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 36.49 and a beta of 0.97. SPDR Dow Jones REIT ETF has a 1-year low of $94.44 and a 1-year high of $117.66. The stock has a 50 day moving average of $112.00 and a two-hundred day moving average of $106.79.

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.