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

SPDR Dow Jones REIT ETF (NYSEARCA:RWR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $111.18 and last traded at $110.50, with a volume of 313132 shares. The stock had previously closed at $110.41.

SPDR Dow Jones REIT ETF Price Performance

The stock’s fifty day moving average price is $105.79 and its 200 day moving average price is $102.76. The stock has a market capitalization of $1.80 billion, a P/E ratio of 36.49 and a beta of 0.99.

Institutional Trading of SPDR Dow Jones REIT ETF

A number of large investors have recently modified their holdings of RWR. Clayton Financial Group LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF in the fourth quarter valued at approximately $27,000. Larson Financial Group LLC raised its holdings in shares of 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 acquiring an additional 178 shares in the last quarter. CWM LLC raised its holdings in shares of SPDR Dow Jones REIT ETF by 119.7% in the fourth quarter. CWM LLC now owns 323 shares of the company’s stock valued at $32,000 after acquiring an additional 176 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of SPDR Dow Jones REIT ETF in the fourth quarter valued at about $42,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of SPDR Dow Jones REIT ETF in the fourth quarter valued at about $44,000.

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.