SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Hits New 12-Month High – Time to Buy?

Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) reached a new 52-week high during trading on Wednesday . The company traded as high as $116.59 and last traded at $115.67, with a volume of 148924 shares. The stock had previously closed at $114.38.

SPDR Dow Jones REIT ETF Trading Up 0.0%

The stock’s fifty day moving average price is $111.45 and its 200 day moving average price is $106.21. The stock has a market cap of $1.85 billion, a P/E ratio of 36.49 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Clayton Financial Group LLC bought a new position in shares of SPDR Dow Jones REIT ETF during the 4th quarter valued at about $27,000. Larson Financial Group LLC lifted its position in SPDR Dow Jones REIT ETF by 153.4% in the 3rd quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock worth $30,000 after buying an additional 178 shares during the last quarter. CWM LLC lifted its position in SPDR Dow Jones REIT ETF by 119.7% in the 4th quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after buying an additional 176 shares during the last quarter. CX Institutional boosted its stake in SPDR Dow Jones REIT ETF by 852.9% in the second quarter. CX Institutional now owns 324 shares of the company’s stock worth $37,000 after buying an additional 290 shares in the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in SPDR Dow Jones REIT ETF in the fourth quarter worth approximately $42,000.

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.