PNC Financial Services Group Inc. Decreases Stock Holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

PNC Financial Services Group Inc. lowered its stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,824 shares of the company’s stock after selling 623 shares during the quarter. PNC Financial Services Group Inc. owned 0.17% of SPDR Dow Jones REIT ETF worth $2,652,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its position in SPDR Dow Jones REIT ETF by 28.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,528,333 shares of the company’s stock valued at $249,951,000 after buying an additional 567,560 shares during the period. Truist Financial Corp increased its stake in shares of SPDR Dow Jones REIT ETF by 4.2% in the 4th quarter. Truist Financial Corp now owns 235,919 shares of the company’s stock worth $23,323,000 after purchasing an additional 9,417 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in SPDR Dow Jones REIT ETF by 239.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 170,993 shares of the company’s stock worth $18,250,000 after purchasing an additional 120,693 shares during the period. Christian Investment Advisors Inc. purchased a new position in SPDR Dow Jones REIT ETF during the fourth quarter valued at $11,967,000. Finally, Private Advisor Group LLC grew its holdings in SPDR Dow Jones REIT ETF by 1.8% during the fourth quarter. Private Advisor Group LLC now owns 119,247 shares of the company’s stock valued at $11,789,000 after purchasing an additional 2,066 shares during the period.

SPDR Dow Jones REIT ETF Stock Up 1.6 %

Shares of RWR opened at $98.30 on Friday. The business has a 50-day simple moving average of $100.08 and a two-hundred day simple moving average of $102.94. SPDR Dow Jones REIT ETF has a 52 week low of $85.94 and a 52 week high of $109.48. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 34.60 and a beta of 1.11.

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.