SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Hits New 1-Year High – Should You Buy?

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) hit a new 52-week high during trading on Friday . The stock traded as high as $111.35 and last traded at $111.24, with a volume of 10067 shares. The stock had previously closed at $110.98.

SPDR Dow Jones REIT ETF Trading Down 0.2%

The company has a 50 day moving average price of $106.14 and a 200 day moving average price of $103.18. The company has a market capitalization of $1.81 billion, a P/E ratio of 36.49 and a beta of 0.99.

Institutional Trading of SPDR Dow Jones REIT ETF

Institutional investors have recently added to or reduced their stakes in the company. Clayton Financial Group LLC bought a new stake in SPDR Dow Jones REIT ETF in the 4th quarter valued at $27,000. Larson Financial Group LLC raised its holdings in shares of SPDR Dow Jones REIT ETF by 153.4% during the 3rd quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock worth $30,000 after buying an additional 178 shares in the last quarter. CWM LLC raised its holdings in shares of SPDR Dow Jones REIT ETF by 119.7% during the 4th quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after buying an additional 176 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new position in shares of SPDR Dow Jones REIT ETF during the 4th quarter worth $42,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of SPDR Dow Jones REIT ETF during the 4th quarter worth $44,000.

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.