JPMorgan Chase & Co. Trims Position in SPDR Dow Jones REIT ETF $RWR

JPMorgan Chase & Co. lowered its holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 0.7% in the third quarter, Holdings Channel.com reports. The firm owned 674,674 shares of the company’s stock after selling 5,072 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR Dow Jones REIT ETF were worth $67,663,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Private Trust Co. NA lifted its position in SPDR Dow Jones REIT ETF by 5.5% during the third quarter. Private Trust Co. NA now owns 1,994 shares of the company’s stock worth $200,000 after buying an additional 104 shares during the period. Omega Financial Group LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 0.9% during the 2nd quarter. Omega Financial Group LLC now owns 16,001 shares of the company’s stock valued at $1,543,000 after acquiring an additional 142 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of SPDR Dow Jones REIT ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 9,663 shares of the company’s stock worth $969,000 after acquiring an additional 183 shares during the period. Royal Bank of Canada boosted its position in shares of SPDR Dow Jones REIT ETF by 0.9% in the first quarter. Royal Bank of Canada now owns 26,921 shares of the company’s stock worth $2,669,000 after acquiring an additional 234 shares during the last quarter. Finally, Strategic Financial Partners Ltd. grew its holdings in SPDR Dow Jones REIT ETF by 5.7% in the third quarter. Strategic Financial Partners Ltd. now owns 5,880 shares of the company’s stock valued at $590,000 after purchasing an additional 317 shares during the period.

SPDR Dow Jones REIT ETF Stock Performance

Shares of RWR stock opened at $107.40 on Wednesday. The firm has a market capitalization of $1.78 billion, a price-to-earnings 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 $108.14. The company has a 50 day moving average price of $101.49 and a 200 day moving average price of $100.21.

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.