JPMorgan Chase & Co. Lowers Position in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

JPMorgan Chase & Co. decreased its position in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 2.3% during the fourth quarter, Holdings Channel reports. The fund owned 36,515 shares of the company’s stock after selling 863 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR Dow Jones REIT ETF were worth $3,610,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Financial Counselors Inc. lifted its position in SPDR Dow Jones REIT ETF by 80.1% during the fourth quarter. Financial Counselors Inc. now owns 5,562 shares of the company’s stock valued at $550,000 after buying an additional 2,474 shares during the period. Corient Private Wealth LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 2.3% in the 4th quarter. Corient Private Wealth LLC now owns 8,682 shares of the company’s stock worth $858,000 after acquiring an additional 193 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in SPDR Dow Jones REIT ETF by 20.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 58,811 shares of the company’s stock valued at $5,814,000 after acquiring an additional 9,942 shares during the period. Avantax Advisory Services Inc. bought a new stake in SPDR Dow Jones REIT ETF during the fourth quarter worth about $1,612,000. Finally, HighTower Advisors LLC grew its holdings in SPDR Dow Jones REIT ETF by 4.1% in the fourth quarter. HighTower Advisors LLC now owns 10,368 shares of the company’s stock worth $1,025,000 after purchasing an additional 407 shares during the period.

SPDR Dow Jones REIT ETF Stock Up 1.6 %

Shares of RWR opened at $94.45 on Monday. SPDR Dow Jones REIT ETF has a 52 week low of $83.14 and a 52 week high of $109.48. The stock has a market cap of $1.79 billion, a P/E ratio of 32.65 and a beta of 1.01. The business’s 50 day moving average price is $97.93 and its 200-day moving average price is $100.85.

SPDR Dow Jones REIT ETF 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.