SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Large Volume Increase – Here’s What Happened

Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) saw strong trading volume on Tuesday . 846,912 shares traded hands during mid-day trading, an increase of 230% from the previous session’s volume of 256,354 shares.The stock last traded at $98.79 and had previously closed at $98.32.

SPDR Dow Jones REIT ETF Trading Up 0.6%

The company has a market cap of $1.94 billion, a price-to-earnings ratio of 33.89 and a beta of 1.05. The business has a 50-day moving average price of $95.12 and a 200 day moving average price of $98.80.

Institutional Trading of SPDR Dow Jones REIT ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its position in shares of SPDR Dow Jones REIT ETF by 9.4% in the first quarter. Geneos Wealth Management Inc. now owns 27,312 shares of the company’s stock worth $2,707,000 after acquiring an additional 2,340 shares in the last quarter. SCS Capital Management LLC purchased a new position in SPDR Dow Jones REIT ETF during the 1st quarter worth approximately $366,000. Jones Financial Companies Lllp raised its stake in SPDR Dow Jones REIT ETF by 139.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,241 shares of the company’s stock valued at $123,000 after purchasing an additional 723 shares during the period. Banque Transatlantique SA purchased a new stake in shares of SPDR Dow Jones REIT ETF in the first quarter valued at $107,000. Finally, AQR Capital Management LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF in the first quarter valued at $262,000.

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.