SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Hits New 1-Year High – Should You Buy?

SPDR Dow Jones REIT ETF (NYSEARCA:RWR)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $109.11 and last traded at $109.02, with a volume of 10743 shares changing hands. The stock had previously closed at $107.85.

SPDR Dow Jones REIT ETF Stock Up 1.1 %

The firm has a market cap of $1.69 billion, a P/E ratio of 27.69 and a beta of 1.00. The firm’s fifty day moving average is $105.26 and its two-hundred day moving average is $99.93.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

Hedge funds have recently bought and sold shares of the company. Financial Counselors Inc. bought a new stake in shares of SPDR Dow Jones REIT ETF during the 2nd quarter valued at $287,000. Smallwood Wealth Investment Management LLC boosted its holdings in shares of SPDR Dow Jones REIT ETF by 1.4% during the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 11,165 shares of the company’s stock valued at $1,192,000 after purchasing an additional 156 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of SPDR Dow Jones REIT ETF during the 2nd quarter valued at about $36,000. Raymond James & Associates boosted its holdings in shares of SPDR Dow Jones REIT ETF by 16.2% during the 2nd quarter. Raymond James & Associates now owns 19,209 shares of the company’s stock valued at $1,788,000 after purchasing an additional 2,682 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of SPDR Dow Jones REIT ETF by 2.4% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 80,173 shares of the company’s stock valued at $8,557,000 after purchasing an additional 1,845 shares during the last quarter.

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.