Evergreen Capital Management LLC Purchases New Stake in SPDR Dow Jones REIT ETF $RWR

Evergreen Capital Management LLC acquired a new position in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) during the third quarter, HoldingsChannel reports. The firm acquired 123,086 shares of the company’s stock, valued at approximately $12,914,000.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of SPDR Dow Jones REIT ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 340,210 shares of the company’s stock valued at $38,433,000 after buying an additional 11,602 shares in the last quarter. Private Advisor Group LLC raised its position in SPDR Dow Jones REIT ETF by 1.8% during the first quarter. Private Advisor Group LLC now owns 139,614 shares of the company’s stock worth $14,097,000 after acquiring an additional 2,422 shares in the last quarter. Affinity Wealth LLC raised its position in SPDR Dow Jones REIT ETF by 3.0% during the second quarter. Affinity Wealth LLC now owns 91,986 shares of the company’s stock worth $10,392,000 after acquiring an additional 2,653 shares in the last quarter. Geneos Wealth Management Inc. raised its position in SPDR Dow Jones REIT ETF by 3.8% during the first quarter. Geneos Wealth Management Inc. now owns 62,311 shares of the company’s stock worth $6,291,000 after acquiring an additional 2,256 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in SPDR Dow Jones REIT ETF by 18.0% in the first quarter. Royal Bank of Canada now owns 58,325 shares of the company’s stock valued at $5,890,000 after acquiring an additional 8,897 shares during the last quarter.

SPDR Dow Jones REIT ETF Price Performance

Shares of RWR stock opened at $107.41 on Friday. The company has a fifty day moving average price of $108.76 and a two-hundred day moving average price of $110.77. SPDR Dow Jones REIT ETF has a one year low of $97.31 and a one year high of $119.65. The stock has a market cap of $1.81 billion, a P/E ratio of 36.49 and a beta of 0.96.

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.