HighTower Advisors LLC Increases Stock Holdings in SPDR Dow Jones REIT ETF $RWR

HighTower Advisors LLC raised its stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 201.0% during the 4th quarter, HoldingsChannel reports. The firm owned 34,295 shares of the company’s stock after acquiring an additional 22,902 shares during the period. HighTower Advisors LLC’s holdings in SPDR Dow Jones REIT ETF were worth $3,369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of RWR. Millennium Management LLC grew its stake in shares of SPDR Dow Jones REIT ETF by 68.9% in the 3rd quarter. Millennium Management LLC now owns 387,748 shares of the company’s stock valued at $38,887,000 after purchasing an additional 158,152 shares during the last quarter. St. Clair Advisors LLC purchased a new position in shares of SPDR Dow Jones REIT ETF in the 4th quarter valued at approximately $12,697,000. Vestmark Advisory Solutions Inc. purchased a new position in shares of SPDR Dow Jones REIT ETF in the 3rd quarter valued at approximately $2,972,000. NewEdge Advisors LLC grew its stake in shares of SPDR Dow Jones REIT ETF by 401.0% in the 2nd quarter. NewEdge Advisors LLC now owns 36,962 shares of the company’s stock valued at $3,565,000 after purchasing an additional 29,585 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of SPDR Dow Jones REIT ETF by 56.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 70,268 shares of the company’s stock valued at $7,047,000 after purchasing an additional 25,270 shares during the last quarter.

SPDR Dow Jones REIT ETF Trading Down 1.1%

Shares of RWR stock opened at $109.84 on Friday. The business’s 50 day moving average is $106.90 and its two-hundred day moving average is $103.65. SPDR Dow Jones REIT ETF has a twelve month low of $94.44 and a twelve month high of $112.42. The company has a market capitalization of $1.80 billion, a P/E ratio of 36.49 and a beta of 0.99.

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.