SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Hits New 1-Year High – Should You Buy?

Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) hit a new 52-week high during trading on Friday . The stock traded as high as $111.35 and last traded at $111.24, with a volume of 10067 shares. The stock had previously closed at $110.98.

SPDR Dow Jones REIT ETF Stock Down 0.2%

The firm has a fifty day moving average price of $106.14 and a 200 day moving average price of $103.18. The company has a market cap of $1.81 billion, a P/E ratio of 36.49 and a beta of 0.99.

Institutional Trading of SPDR Dow Jones REIT ETF

Several large investors have recently made changes to their positions in RWR. Clayton Financial Group LLC bought a new position in SPDR Dow Jones REIT ETF in the fourth quarter valued at about $27,000. Larson Financial Group LLC lifted its stake in SPDR Dow Jones REIT ETF by 153.4% in the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after buying an additional 178 shares during the period. CWM LLC raised its position in shares of SPDR Dow Jones REIT ETF by 119.7% during the fourth quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after purchasing an additional 176 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter worth about $42,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter worth about $44,000.

SPDR Dow Jones REIT ETF Company 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. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.