SPDR Dow Jones REIT ETF (NYSEARCA:RWR – Get Free Report) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 348,341 shares, a drop of 35.9% from the August 15th total of 543,147 shares. Based on an average trading volume of 186,804 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.0% of the shares of the company are short sold.
Institutional Trading of SPDR Dow Jones REIT ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. CX Institutional increased its holdings in shares of 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 purchasing an additional 290 shares during the period. Allworth Financial LP boosted its position in SPDR Dow Jones REIT ETF by 692.1% during the fourth quarter. Allworth Financial LP now owns 499 shares of the company’s stock valued at $49,000 after buying an additional 436 shares during the period. Cassaday & Co Wealth Management LLC bought a new position in SPDR Dow Jones REIT ETF during the 1st quarter worth approximately $99,000. Chesley Taft & Associates LLC bought a new position in shares of SPDR Dow Jones REIT ETF in the second quarter worth approximately $215,000. Finally, Keewaydin Investments LLC bought a new stake in SPDR Dow Jones REIT ETF in the 4th quarter worth $192,000.
SPDR Dow Jones REIT ETF Trading Up 0.4%
Shares of NYSEARCA RWR traded up $0.38 during midday trading on Thursday, hitting $108.92. The company’s stock had a trading volume of 133,556 shares, compared to its average volume of 318,322. SPDR Dow Jones REIT ETF has a one year low of $96.66 and a one year high of $119.65. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 36.49 and a beta of 0.96. The stock has a fifty day moving average price of $114.11 and a 200 day moving average price of $110.43.
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.
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