Valmark Advisers Inc. Reduces Position in SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX)

Valmark Advisers Inc. cut its holdings in shares of SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,016 shares of the company’s stock after selling 1,032 shares during the period. Valmark Advisers Inc.’s holdings in SPDR Dow Jones International Real Estate ETF were worth $574,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Spire Wealth Management boosted its position in shares of SPDR Dow Jones International Real Estate ETF by 57.3% during the third quarter. Spire Wealth Management now owns 3,480 shares of the company’s stock valued at $83,000 after buying an additional 1,267 shares during the last quarter. Bear Mountain Capital Inc. purchased a new stake in shares of SPDR Dow Jones International Real Estate ETF during the fourth quarter valued at $224,000. Raymond James & Associates bought a new position in SPDR Dow Jones International Real Estate ETF in the fourth quarter valued at about $250,000. Upper Left Wealth Management LLC lifted its holdings in SPDR Dow Jones International Real Estate ETF by 14.3% in the third quarter. Upper Left Wealth Management LLC now owns 14,327 shares of the company’s stock valued at $341,000 after acquiring an additional 1,788 shares during the period. Finally, Fiducient Advisors LLC bought a new position in SPDR Dow Jones International Real Estate ETF in the third quarter valued at about $362,000.

SPDR Dow Jones International Real Estate ETF Stock Performance

RWX stock opened at $24.92 on Monday. SPDR Dow Jones International Real Estate ETF has a fifty-two week low of $22.52 and a fifty-two week high of $27.59. The business’s 50-day moving average is $25.29 and its two-hundred day moving average is $25.27. The company has a market cap of $291.31 million, a price-to-earnings ratio of 12.13 and a beta of 0.77.

SPDR Dow Jones International Real Estate ETF Company Profile

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market.