Short Interest in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Declines By 43.9%

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 117,562 shares, a decline of 43.9% from the June 30th total of 209,507 shares. Based on an average trading volume of 273,095 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. St. Clair Advisors LLC purchased a new position in shares of SPDR Dow Jones REIT ETF during the 4th quarter valued at $12,697,000. Cambient Family Office LLC grew its stake in shares of SPDR Dow Jones REIT ETF by 198.9% during the 1st quarter. Cambient Family Office LLC now owns 15,314 shares of the company’s stock worth $1,546,000 after acquiring an additional 10,190 shares during the period. Mason Street Advisors LLC increased its holdings in SPDR Dow Jones REIT ETF by 3.0% in the 4th quarter. Mason Street Advisors LLC now owns 366,555 shares of the company’s stock worth $36,007,000 after acquiring an additional 10,750 shares during the last quarter. Transatlantique Private Wealth LLC increased its holdings in SPDR Dow Jones REIT ETF by 529.1% in the 4th quarter. Transatlantique Private Wealth LLC now owns 28,309 shares of the company’s stock worth $2,781,000 after acquiring an additional 23,809 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in SPDR Dow Jones REIT ETF by 81.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,914 shares of the company’s stock valued at $1,182,000 after acquiring an additional 5,357 shares during the period.

SPDR Dow Jones REIT ETF Trading Down 1.6%

Shares of RWR stock traded down $1.86 during trading hours on Thursday, hitting $116.40. 291,348 shares of the company were exchanged, compared to its average volume of 332,131. The firm has a fifty day simple moving average of $113.42 and a 200 day simple moving average of $108.01. SPDR Dow Jones REIT ETF has a 52-week low of $94.44 and a 52-week high of $119.65. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 36.49 and a beta of 0.97.

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. 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.