Independent Advisor Alliance Invests $664,000 in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)

Independent Advisor Alliance acquired a new position in shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) in the fourth quarter, Holdings Channel.com reports. The fund acquired 15,477 shares of the company’s stock, valued at approximately $664,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its position in SPDR Dow Jones Global Real Estate ETF by 1.4% during the fourth quarter. Private Advisor Group LLC now owns 16,438 shares of the company’s stock valued at $705,000 after acquiring an additional 232 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 18.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,669 shares of the company’s stock valued at $72,000 after purchasing an additional 260 shares during the last quarter. DHK Financial Advisors Inc. raised its position in SPDR Dow Jones Global Real Estate ETF by 1.2% in the 4th quarter. DHK Financial Advisors Inc. now owns 25,321 shares of the company’s stock worth $1,086,000 after purchasing an additional 298 shares during the period. MPS Loria Financial Planners LLC lifted its stake in SPDR Dow Jones Global Real Estate ETF by 2.9% in the fourth quarter. MPS Loria Financial Planners LLC now owns 10,664 shares of the company’s stock worth $457,000 after purchasing an additional 301 shares during the last quarter. Finally, Harbour Investments Inc. boosted its position in SPDR Dow Jones Global Real Estate ETF by 5.9% during the third quarter. Harbour Investments Inc. now owns 6,557 shares of the company’s stock valued at $312,000 after buying an additional 363 shares during the period.

SPDR Dow Jones Global Real Estate ETF Trading Up 1.4 %

Shares of NYSEARCA:RWO opened at $43.41 on Monday. The stock has a market capitalization of $1.10 billion, a P/E ratio of 27.77 and a beta of 1.06. The stock’s 50-day moving average price is $43.66 and its 200-day moving average price is $45.06. SPDR Dow Jones Global Real Estate ETF has a 12-month low of $39.40 and a 12-month high of $48.60.

About SPDR Dow Jones Global Real Estate ETF

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.