SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Hits New 52-Week High – Time to Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)’s share price hit a new 52-week high on Friday . The stock traded as high as $51.94 and last traded at $51.94, with a volume of 4141 shares changing hands. The stock had previously closed at $51.04.

SPDR Dow Jones Global Real Estate ETF Stock Up 1.6%

The company has a market cap of $1.32 billion, a P/E ratio of 28.96 and a beta of 0.90. The company has a 50 day moving average price of $49.75 and a 200-day moving average price of $48.44.

Institutional Investors Weigh In On SPDR Dow Jones Global Real Estate ETF

Several institutional investors have recently bought and sold shares of RWO. Mowery & Schoenfeld Wealth Management LLC acquired a new position in SPDR Dow Jones Global Real Estate ETF during the 4th quarter valued at about $31,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 4th quarter worth approximately $32,000. Smartleaf Asset Management LLC lifted its stake in shares of SPDR Dow Jones Global Real Estate ETF by 28.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,018 shares of the company’s stock worth $46,000 after acquiring an additional 224 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at approximately $111,000. Finally, Kestra Advisory Services LLC bought a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at approximately $122,000.

About SPDR Dow Jones Global Real Estate ETF