Bank of Montreal Can Has $3.07 Million Stock Position in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Bank of Montreal Can boosted its holdings in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 96.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 31,050 shares of the company’s stock after acquiring an additional 15,276 shares during the quarter. Bank of Montreal Can’s holdings in SPDR Dow Jones REIT ETF were worth $3,070,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of RWR. Synergy Investment Management LLC bought a new position in SPDR Dow Jones REIT ETF in the 4th quarter valued at about $29,000. Jones Financial Companies Lllp increased its stake in shares of SPDR Dow Jones REIT ETF by 202.9% during the fourth quarter. Jones Financial Companies Lllp now owns 518 shares of the company’s stock worth $51,000 after purchasing an additional 347 shares during the period. Heck Capital Advisors LLC acquired a new stake in SPDR Dow Jones REIT ETF during the 4th quarter worth approximately $54,000. Global Retirement Partners LLC lifted its holdings in SPDR Dow Jones REIT ETF by 18.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,134 shares of the company’s stock worth $112,000 after purchasing an additional 177 shares during the last quarter. Finally, Principal Securities Inc. boosted its stake in SPDR Dow Jones REIT ETF by 65.3% in the 4th quarter. Principal Securities Inc. now owns 1,230 shares of the company’s stock valued at $122,000 after purchasing an additional 486 shares during the period.

SPDR Dow Jones REIT ETF Price Performance

RWR stock opened at $92.89 on Wednesday. SPDR Dow Jones REIT ETF has a fifty-two week low of $83.14 and a fifty-two week high of $109.48. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 33.90 and a beta of 1.11. The business’s fifty day moving average price is $98.35 and its two-hundred day moving average price is $101.12.

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.