SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Large Volume Increase – Here’s What Happened

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) saw strong trading volume on Wednesday . 601,765 shares changed hands during mid-day trading, an increase of 130% from the previous session’s volume of 261,317 shares.The stock last traded at $100.64 and had previously closed at $99.52.

SPDR Dow Jones REIT ETF Stock Down 0.2 %

The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 27.69 and a beta of 1.00. The firm has a 50 day moving average price of $100.39 and a two-hundred day moving average price of $102.67.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Aptus Capital Advisors LLC boosted its position in SPDR Dow Jones REIT ETF by 7.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,540 shares of the company’s stock valued at $164,000 after purchasing an additional 104 shares during the period. IFP Advisors Inc boosted its holdings in shares of SPDR Dow Jones REIT ETF by 3.0% during the fourth quarter. IFP Advisors Inc now owns 3,925 shares of the company’s stock valued at $388,000 after acquiring an additional 115 shares during the period. Smallwood Wealth Investment Management LLC grew its position in shares of SPDR Dow Jones REIT ETF by 1.4% during the third quarter. Smallwood Wealth Investment Management LLC now owns 11,165 shares of the company’s stock worth $1,192,000 after acquiring an additional 156 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of SPDR Dow Jones REIT ETF by 18.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,134 shares of the company’s stock worth $112,000 after acquiring an additional 177 shares during the period. Finally, HighTower Advisors LLC lifted its position in SPDR Dow Jones REIT ETF by 2.1% in the 3rd quarter. HighTower Advisors LLC now owns 9,961 shares of the company’s stock valued at $1,062,000 after purchasing an additional 201 shares during the last quarter.

About SPDR Dow Jones REIT ETF

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.