SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Shares Down 0.1% – Here’s Why

Shares of SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) were down 0.1% during trading on Thursday . The stock traded as low as $26.82 and last traded at $26.89. Approximately 11,351 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 39,169 shares. The stock had previously closed at $26.93.

SPDR Dow Jones International Real Estate ETF Trading Down 0.1%

The stock has a market cap of $260.56 million, a price-to-earnings ratio of 18.85 and a beta of 0.76. The stock’s 50 day moving average is $27.72 and its two-hundred day moving average is $28.17.

Institutional Investors Weigh In On SPDR Dow Jones International Real Estate ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR Dow Jones International Real Estate ETF during the fourth quarter worth about $28,000. CIBC Private Wealth Group LLC raised its stake in SPDR Dow Jones International Real Estate ETF by 41.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,140 shares of the company’s stock valued at $32,000 after acquiring an additional 335 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Dow Jones International Real Estate ETF during the 2nd quarter valued at approximately $81,000. Strategic Wealth Advisors LLC acquired a new stake in SPDR Dow Jones International Real Estate ETF during the 4th quarter worth approximately $93,000. Finally, Bank of Nova Scotia acquired a new stake in SPDR Dow Jones International Real Estate ETF during the 4th quarter worth approximately $201,000. 64.39% of the stock is owned by hedge funds and other institutional investors.

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. 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 excluding the United States.