SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) shares saw unusually-high trading volume on Wednesday . Approximately 705,393 shares were traded during mid-day trading, an increase of 165% from the previous session’s volume of 265,759 shares.The stock last traded at $99.28 and had previously closed at $99.99.

SPDR Dow Jones REIT ETF Stock Performance

The stock has a market cap of $1.80 billion, a PE ratio of 34.60 and a beta of 1.11. The firm’s 50-day moving average is $100.17 and its 200 day moving average is $102.86.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

Several institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its position in SPDR Dow Jones REIT ETF by 3.0% during the 4th quarter. IFP Advisors Inc now owns 3,925 shares of the company’s stock worth $388,000 after buying an additional 115 shares during the last quarter. Global Retirement Partners LLC raised its holdings in SPDR Dow Jones REIT ETF by 18.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,134 shares of the company’s stock worth $112,000 after purchasing an additional 177 shares in the last quarter. Corient Private Wealth LLC lifted its position in SPDR Dow Jones REIT ETF by 2.3% in the fourth quarter. Corient Private Wealth LLC now owns 8,682 shares of the company’s stock valued at $858,000 after purchasing an additional 193 shares during the period. Snowden Capital Advisors LLC boosted its holdings in SPDR Dow Jones REIT ETF by 1.4% in the 4th quarter. Snowden Capital Advisors LLC now owns 14,560 shares of the company’s stock valued at $1,439,000 after purchasing an additional 194 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in SPDR Dow Jones REIT ETF by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 9,961 shares of the company’s stock worth $1,062,000 after purchasing an additional 201 shares during the period.

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.