SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Update

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 117,562 shares, a decrease of 43.9% from the June 30th total of 209,507 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 273,095 shares, the short-interest ratio is currently 0.4 days.

SPDR Dow Jones REIT ETF Stock Performance

SPDR Dow Jones REIT ETF stock traded down $0.33 during midday trading on Wednesday, reaching $118.44. The stock had a trading volume of 171,960 shares, compared to its average volume of 331,337. SPDR Dow Jones REIT ETF has a 1-year low of $94.44 and a 1-year high of $119.65. The firm’s fifty day simple moving average is $113.27 and its 200-day simple moving average is $107.88. The stock has a market capitalization of $1.90 billion, a P/E ratio of 36.49 and a beta of 0.97.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

A number of institutional investors have recently bought and sold shares of the business. City Holding Co. lifted its position in SPDR Dow Jones REIT ETF by 15.3% during the second quarter. City Holding Co. now owns 25,080 shares of the company’s stock worth $2,833,000 after acquiring an additional 3,325 shares during the last quarter. Camelot Technology Advisors Inc. lifted its position in shares of SPDR Dow Jones REIT ETF by 22.1% during the 2nd quarter. Camelot Technology Advisors Inc. now owns 8,275 shares of the company’s stock valued at $935,000 after acquiring an additional 1,499 shares during the period. Chesley Taft & Associates LLC bought a new position in shares of SPDR Dow Jones REIT ETF in the second quarter worth $215,000. CX Institutional raised its position in shares of SPDR Dow Jones REIT ETF by 852.9% in the 2nd quarter. CX Institutional now owns 324 shares of the company’s stock valued at $37,000 after buying an additional 290 shares in the last quarter. Finally, WealthPoint Financial LLC increased its stake in SPDR Dow Jones REIT ETF by 21.2% in the first quarter. WealthPoint Financial LLC now owns 3,385 shares of the company’s stock valued at $342,000 after acquiring an additional 592 shares during the last quarter.

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.