SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Strong Trading Volume – What’s Next?

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) shares saw unusually-strong trading volume on Tuesday . Approximately 694,729 shares changed hands during mid-day trading, an increase of 142% from the previous session’s volume of 287,322 shares.The stock last traded at $105.96 and had previously closed at $104.34.

SPDR Dow Jones REIT ETF Stock Down 0.7 %

The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 27.69 and a beta of 1.00. The company’s fifty day simple moving average is $104.56 and its 200 day simple moving average is $96.75.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

Institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR Dow Jones REIT ETF by 1.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 449,098 shares of the company’s stock valued at $41,811,000 after buying an additional 6,794 shares during the period. Private Advisor Group LLC raised its holdings in SPDR Dow Jones REIT ETF by 6.2% in the 2nd quarter. Private Advisor Group LLC now owns 112,954 shares of the company’s stock valued at $10,516,000 after acquiring an additional 6,616 shares in the last quarter. DT Investment Partners LLC bought a new stake in shares of SPDR Dow Jones REIT ETF during the 2nd quarter valued at $6,003,000. Redhawk Wealth Advisors Inc. acquired a new stake in shares of SPDR Dow Jones REIT ETF during the 3rd quarter worth $6,378,000. Finally, Citizens Financial Group Inc. RI increased its position in shares of SPDR Dow Jones REIT ETF by 0.5% in the second quarter. Citizens Financial Group Inc. RI now owns 57,328 shares of the company’s stock worth $5,337,000 after purchasing an additional 273 shares during the period.

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.