SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Reaches New 52-Week High at $108.61

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $108.61 and last traded at $108.61, with a volume of 1328 shares traded. The stock had previously closed at $108.23.

SPDR Dow Jones REIT ETF Stock Performance

The company has a 50-day moving average of $100.66 and a 200 day moving average of $94.71. The firm has a market cap of $1.68 billion, a P/E ratio of 27.69 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of RWR. Northern Trust Corp raised its stake in shares of SPDR Dow Jones REIT ETF by 7.6% in the fourth quarter. Northern Trust Corp now owns 2,705,926 shares of the company’s stock worth $257,929,000 after acquiring an additional 190,473 shares during the last quarter. DT Investment Partners LLC bought a new stake in shares of SPDR Dow Jones REIT ETF in the 2nd quarter valued at about $6,003,000. UBS Group AG raised its stake in SPDR Dow Jones REIT ETF by 219.1% during the 4th quarter. UBS Group AG now owns 87,403 shares of the company’s stock worth $8,331,000 after buying an additional 60,011 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in SPDR Dow Jones REIT ETF by 723.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 28,976 shares of the company’s stock worth $2,698,000 after acquiring an additional 25,459 shares in the last quarter. Finally, Aveo Capital Partners LLC acquired a new position in SPDR Dow Jones REIT ETF in the fourth quarter valued at about $1,951,000.

About SPDR Dow Jones REIT ETF

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.