SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Strong Trading Volume – Should You Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) shares saw strong trading volume on Wednesday . 341,584 shares were traded during trading, an increase of 428% from the previous session’s volume of 64,675 shares.The stock last traded at $45.1610 and had previously closed at $45.58.

SPDR Dow Jones Global Real Estate ETF Price Performance

The firm has a market cap of $1.13 billion, a P/E ratio of 28.96 and a beta of 0.97. The company’s 50 day moving average is $45.55 and its two-hundred day moving average is $45.10.

Institutional Trading of SPDR Dow Jones Global Real Estate ETF

Several institutional investors have recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of SPDR Dow Jones Global Real Estate ETF by 65.3% in the fourth quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock valued at $15,249,000 after purchasing an additional 140,482 shares in the last quarter. MAI Capital Management boosted its stake in SPDR Dow Jones Global Real Estate ETF by 10.7% during the first quarter. MAI Capital Management now owns 4,864 shares of the company’s stock worth $212,000 after buying an additional 470 shares in the last quarter. Royal Bank of Canada increased its holdings in SPDR Dow Jones Global Real Estate ETF by 9.4% in the 1st quarter. Royal Bank of Canada now owns 56,200 shares of the company’s stock valued at $2,453,000 after buying an additional 4,838 shares during the period. SageView Advisory Group LLC increased its holdings in SPDR Dow Jones Global Real Estate ETF by 25.4% in the 1st quarter. SageView Advisory Group LLC now owns 6,465 shares of the company’s stock valued at $282,000 after buying an additional 1,311 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of SPDR Dow Jones Global Real Estate ETF in the 1st quarter valued at $1,440,000.

About SPDR Dow Jones Global Real Estate ETF