SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sets New 52-Week High at $47.76

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $47.76 and last traded at $47.69, with a volume of 22473 shares trading hands. The stock had previously closed at $47.50.

SPDR Dow Jones Global Real Estate ETF Trading Up 1.2 %

The business’s 50-day simple moving average is $44.85 and its 200 day simple moving average is $42.66. The company has a market capitalization of $1.37 billion, a P/E ratio of 20.77 and a beta of 0.95.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers boosted its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 43,869 shares of the company’s stock valued at $1,822,000 after buying an additional 544 shares during the period. Truist Financial Corp boosted its position in shares of SPDR Dow Jones Global Real Estate ETF by 5.9% during the second quarter. Truist Financial Corp now owns 10,349 shares of the company’s stock worth $430,000 after buying an additional 578 shares during the period. Bank of Montreal Can lifted its position in SPDR Dow Jones Global Real Estate ETF by 25.0% during the 2nd quarter. Bank of Montreal Can now owns 11,280 shares of the company’s stock worth $469,000 after buying an additional 2,256 shares in the last quarter. Brighton Jones LLC grew its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 1.3% in the 2nd quarter. Brighton Jones LLC now owns 294,491 shares of the company’s stock valued at $12,230,000 after acquiring an additional 3,875 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its stake in SPDR Dow Jones Global Real Estate ETF by 333.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 139,509 shares of the company’s stock valued at $5,794,000 after purchasing an additional 107,288 shares in the last quarter.

About SPDR Dow Jones Global Real Estate ETF

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.