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

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 192,933 shares, a growth of 64.1% from the July 15th total of 117,562 shares. Based on an average trading volume of 369,615 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Millennium Management LLC raised its holdings in shares of SPDR Dow Jones REIT ETF by 68.9% during the third 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 period. LPL Financial LLC grew its stake in shares of SPDR Dow Jones REIT ETF by 37.8% in the 4th quarter. LPL Financial LLC now owns 439,980 shares of the company’s stock valued at $43,219,000 after buying an additional 120,601 shares during the period. Charles Schwab Investment Management Inc. increased its position in SPDR Dow Jones REIT ETF by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,203,285 shares of the company’s stock valued at $216,429,000 after buying an additional 110,318 shares in the last quarter. NewEdge Advisors LLC increased its position in 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 buying an additional 29,585 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in SPDR Dow Jones REIT ETF by 56.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 70,268 shares of the company’s stock worth $7,047,000 after buying an additional 25,270 shares during the period.

SPDR Dow Jones REIT ETF Stock Down 0.6%

NYSEARCA RWR traded down $0.73 on Monday, hitting $113.74. The company’s stock had a trading volume of 167,764 shares, compared to its average volume of 339,956. The company’s 50-day moving average is $114.54 and its 200 day moving average is $109.27. The firm has a market cap of $1.95 billion, a PE ratio of 36.49 and a beta of 0.96. SPDR Dow Jones REIT ETF has a 1-year low of $95.72 and a 1-year high of $119.65.

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.