SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Shares Purchased by Truist Financial Corp

Truist Financial Corp boosted its holdings in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 12.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,986 shares of the company’s stock after buying an additional 1,300 shares during the period. Truist Financial Corp’s holdings in SPDR Dow Jones Global Real Estate ETF were worth $514,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new stake in SPDR Dow Jones Global Real Estate ETF in the 4th quarter worth about $26,000. Heck Capital Advisors LLC purchased a new position in shares of SPDR Dow Jones Global Real Estate ETF in the 4th quarter worth about $55,000. FMR LLC raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 576.6% in the 3rd quarter. FMR LLC now owns 1,245 shares of the company’s stock worth $59,000 after purchasing an additional 1,061 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of SPDR Dow Jones Global Real Estate ETF in the 3rd quarter worth about $88,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of SPDR Dow Jones Global Real Estate ETF in the 4th quarter worth about $203,000.

SPDR Dow Jones Global Real Estate ETF Price Performance

SPDR Dow Jones Global Real Estate ETF stock opened at $45.03 on Tuesday. The stock’s 50-day moving average is $43.47 and its 200-day moving average is $45.18. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 29.52 and a beta of 1.06. SPDR Dow Jones Global Real Estate ETF has a 12 month low of $39.40 and a 12 month high of $48.60.

SPDR Dow Jones Global Real Estate ETF Profile

SPDR Dow Jones Global Real Estate ETF (the Fund), formerly SPDR DJ Wilshire Global Real Estate ETF, seeks to replicate as closely as possible the price and yield performance of the Dow Jones Global Select Real Estate Securities Index (the Index), an index based upon the global 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.