SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Reaches New 12-Month High – Time to Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.04 and last traded at $51.04, with a volume of 4019 shares changing hands. The stock had previously closed at $50.46.

SPDR Dow Jones Global Real Estate ETF Stock Performance

The company’s 50 day moving average price is $49.54 and its 200 day moving average price is $48.19. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 28.96 and a beta of 0.90.

Institutional Trading of SPDR Dow Jones Global Real Estate ETF

Several large investors have recently added to or reduced their stakes in the company. Brooklyn FI LLC grew its holdings in SPDR Dow Jones Global Real Estate ETF by 22.3% during the 4th quarter. Brooklyn FI LLC now owns 76,994 shares of the company’s stock worth $3,466,000 after acquiring an additional 14,063 shares during the last quarter. WLTH Capital Management LLC acquired a new stake in SPDR Dow Jones Global Real Estate ETF in the 4th quarter valued at about $4,494,000. New England Private Wealth Advisors LLC raised its stake in shares of SPDR Dow Jones Global Real Estate ETF by 2,004.3% in the fourth quarter. New England Private Wealth Advisors LLC now owns 541,448 shares of the company’s stock worth $24,594,000 after acquiring an additional 515,718 shares during the last quarter. Quent Long Short Global Small Cap Fund LP bought a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter worth about $23,320,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of SPDR Dow Jones Global Real Estate ETF during the fourth quarter worth approximately $786,000.

About SPDR Dow Jones Global Real Estate ETF