Richardson Financial Services Inc. Decreases Stake in SPDR Dow Jones REIT ETF $RWR

Richardson Financial Services Inc. cut its holdings in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 85.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,188 shares of the company’s stock after selling 6,954 shares during the period. Richardson Financial Services Inc.’s holdings in SPDR Dow Jones REIT ETF were worth $119,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Assetmark Inc. lifted its stake in SPDR Dow Jones REIT ETF by 743.9% during the 2nd quarter. Assetmark Inc. now owns 195,149 shares of the company’s stock valued at $18,820,000 after acquiring an additional 172,025 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in shares of SPDR Dow Jones REIT ETF during the second quarter valued at approximately $14,420,000. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Dow Jones REIT ETF by 52.9% during the second quarter. Envestnet Asset Management Inc. now owns 423,587 shares of the company’s stock valued at $40,851,000 after purchasing an additional 146,570 shares during the last quarter. Capital Advisors Inc. OK bought a new position in SPDR Dow Jones REIT ETF during the third quarter valued at approximately $11,865,000. Finally, JPMorgan Chase & Co. boosted its holdings in SPDR Dow Jones REIT ETF by 20.8% in the second quarter. JPMorgan Chase & Co. now owns 679,746 shares of the company’s stock worth $65,555,000 after purchasing an additional 116,979 shares during the last quarter.

SPDR Dow Jones REIT ETF Trading Up 1.1%

NYSEARCA:RWR opened at $102.59 on Friday. The company has a market cap of $1.74 billion, a PE ratio of 36.49 and a beta of 1.05. The company has a 50 day simple moving average of $99.67 and a two-hundred day simple moving average of $98.99. SPDR Dow Jones REIT ETF has a 12 month low of $83.14 and a 12 month high of $104.61.

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. 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.