SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Shares Cross Above 200 Day Moving Average – Should You Sell?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)’s stock price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $48.65 and traded as high as $49.62. SPDR Dow Jones Global Real Estate ETF shares last traded at $49.62, with a volume of 54,650 shares changing hands.

SPDR Dow Jones Global Real Estate ETF Stock Performance

The company has a market cap of $1.27 billion, a price-to-earnings ratio of 28.96 and a beta of 0.88. The firm’s 50 day simple moving average is $47.67 and its 200-day simple moving average is $48.67.

Hedge Funds Weigh In On SPDR Dow Jones Global Real Estate ETF

Several hedge funds have recently bought and sold shares of RWO. Valmark Advisers Inc. acquired a new stake in shares of SPDR Dow Jones Global Real Estate ETF during the 3rd quarter worth approximately $4,900,000. Russell Investments Group Ltd. increased its holdings in SPDR Dow Jones Global Real Estate ETF by 1,324.7% during the third quarter. Russell Investments Group Ltd. now owns 1,154 shares of the company’s stock worth $54,000 after buying an additional 1,073 shares during the last quarter. Brooklyn FI LLC lifted its holdings in SPDR Dow Jones Global Real Estate ETF by 0.3% during the 3rd quarter. Brooklyn FI LLC now owns 92,220 shares of the company’s stock worth $4,576,000 after purchasing an additional 284 shares in the last quarter. Joseph Group Capital Management increased its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 127.4% in the 3rd quarter. Joseph Group Capital Management now owns 7,030 shares of the company’s stock worth $326,000 after buying an additional 3,939 shares during the last quarter. Finally, Brighton Jones LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF in the 3rd quarter worth approximately $12,944,000.

SPDR Dow Jones Global Real Estate ETF Company Profile