Patton Fund Management Inc. Lowers Position in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Patton Fund Management Inc. cut its holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 5.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 133,767 shares of the company’s stock after selling 8,009 shares during the period. SPDR Dow Jones REIT ETF accounts for 2.9% of Patton Fund Management Inc.’s portfolio, making the stock its 7th largest holding. Patton Fund Management Inc. owned 0.86% of SPDR Dow Jones REIT ETF worth $14,277,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. bought a new position in SPDR Dow Jones REIT ETF in the second quarter worth approximately $36,000. VitalStone Financial LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 114.1% in the second quarter. VitalStone Financial LLC now owns 409 shares of the company’s stock worth $38,000 after purchasing an additional 218 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 261.8% in the second quarter. EverSource Wealth Advisors LLC now owns 398 shares of the company’s stock worth $39,000 after purchasing an additional 288 shares in the last quarter. Lynx Investment Advisory purchased a new stake in shares of SPDR Dow Jones REIT ETF in the second quarter worth $53,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF in the second quarter worth $164,000.

SPDR Dow Jones REIT ETF Stock Performance

Shares of NYSEARCA RWR traded down $0.74 during midday trading on Thursday, reaching $106.16. The stock had a trading volume of 24,406 shares, compared to its average volume of 294,547. The stock has a 50-day moving average of $104.42 and a 200-day moving average of $96.69. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 27.69 and a beta of 1.00. SPDR Dow Jones REIT ETF has a 12-month low of $76.73 and a 12-month high of $109.04.

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.