SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sets New 52-Week High – Still a Buy?

Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) reached a new 52-week high during trading on Thursday . The company traded as high as $116.62 and last traded at $116.53, with a volume of 42530 shares trading hands. The stock had previously closed at $114.32.

SPDR Dow Jones REIT ETF Trading Down 0.0%

The firm has a fifty day moving average price of $112.14 and a 200 day moving average price of $106.87. The firm has a market cap of $1.91 billion, a PE ratio of 36.49 and a beta of 0.97.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

Large investors have recently modified their holdings of the business. St. Clair Advisors LLC acquired a new position in SPDR Dow Jones REIT ETF in the 4th quarter valued at about $12,697,000. Mason Street Advisors LLC lifted its position in shares of SPDR Dow Jones REIT ETF by 3.0% during the 4th quarter. Mason Street Advisors LLC now owns 366,555 shares of the company’s stock worth $36,007,000 after purchasing an additional 10,750 shares during the last quarter. Cambient Family Office LLC boosted its position in shares of SPDR Dow Jones REIT ETF by 198.9% during the 1st quarter. Cambient Family Office LLC now owns 15,314 shares of the company’s stock worth $1,546,000 after acquiring an additional 10,190 shares in the last quarter. Transatlantique Private Wealth LLC increased its stake in SPDR Dow Jones REIT ETF by 529.1% in the fourth quarter. Transatlantique Private Wealth LLC now owns 28,309 shares of the company’s stock valued at $2,781,000 after purchasing an additional 23,809 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in SPDR Dow Jones REIT ETF by 81.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,914 shares of the company’s stock worth $1,182,000 after acquiring an additional 5,357 shares in the last quarter.

SPDR Dow Jones REIT ETF Company Profile

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. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.