Short Interest in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Grows By 61.7%

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 239,570 shares, a growth of 61.7% from the December 31st total of 148,149 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 227,622 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 227,622 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.4% of the shares of the company are sold short.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

A number of institutional investors have recently bought and sold shares of the business. Assetmark Inc. boosted its holdings in SPDR Dow Jones REIT ETF by 743.9% in the second quarter. Assetmark Inc. now owns 195,149 shares of the company’s stock worth $18,820,000 after purchasing an additional 172,025 shares in the last quarter. Millennium Management LLC boosted its stake in shares of SPDR Dow Jones REIT ETF by 68.9% in the 3rd quarter. Millennium Management LLC now owns 387,748 shares of the company’s stock valued at $38,887,000 after purchasing an additional 158,152 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in SPDR Dow Jones REIT ETF during the second quarter worth about $14,420,000. Envestnet Asset Management Inc. raised its position in SPDR Dow Jones REIT ETF by 52.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 423,587 shares of the company’s stock valued at $40,851,000 after purchasing an additional 146,570 shares during the last quarter. Finally, St. Clair Advisors LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF in the fourth quarter valued at approximately $12,697,000.

SPDR Dow Jones REIT ETF Stock Performance

NYSEARCA RWR opened at $101.20 on Monday. The firm’s fifty day moving average is $99.88 and its two-hundred day moving average is $99.26. The firm has a market cap of $1.68 billion, a PE ratio of 36.49 and a beta of 1.05. SPDR Dow Jones REIT ETF has a one year low of $83.14 and a one year high of $104.61.

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. 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.