SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sets New 52-Week High – What’s Next?

Shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) reached a new 52-week high on Thursday . The stock traded as high as $51.04 and last traded at $51.04, with a volume of 4019 shares traded. The stock had previously closed at $50.46.

SPDR Dow Jones Global Real Estate ETF Trading Up 1.3%

The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 28.96 and a beta of 0.90. The firm has a fifty day simple moving average of $49.54 and a 200-day simple moving average of $48.19.

Hedge Funds Weigh In On SPDR Dow Jones Global Real Estate ETF

Several large investors have recently bought and sold shares of RWO. Brighton Jones LLC raised its position in shares of SPDR Dow Jones Global Real Estate ETF by 65.3% during the 4th quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock valued at $15,249,000 after acquiring an additional 140,482 shares during the last quarter. Royal Bank of Canada boosted its position in shares of SPDR Dow Jones Global Real Estate ETF by 9.4% in the 1st quarter. Royal Bank of Canada now owns 56,200 shares of the company’s stock worth $2,453,000 after purchasing an additional 4,838 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of SPDR Dow Jones Global Real Estate ETF during the first quarter worth $1,440,000. State Street Corp increased its holdings in SPDR Dow Jones Global Real Estate ETF by 4.4% in the second quarter. State Street Corp now owns 6,154,007 shares of the company’s stock valued at $271,638,000 after purchasing an additional 258,486 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in SPDR Dow Jones Global Real Estate ETF by 3.4% in the second quarter. Raymond James Financial Inc. now owns 351,013 shares of the company’s stock valued at $15,494,000 after purchasing an additional 11,421 shares during the last quarter.

About SPDR Dow Jones Global Real Estate ETF