SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Down 35.9% in August

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 348,341 shares, a decline of 35.9% from the August 15th total of 543,147 shares. Based on an average trading volume of 186,804 shares, the short-interest ratio is presently 1.9 days. Approximately 2.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

A number of hedge funds and other institutional investors have recently modified their holdings of RWR. Transatlantique Private Wealth LLC raised its position in SPDR Dow Jones REIT ETF by 529.1% in the 4th quarter. Transatlantique Private Wealth LLC now owns 28,309 shares of the company’s stock worth $2,781,000 after purchasing an additional 23,809 shares during the period. HighTower Advisors LLC boosted its position in SPDR Dow Jones REIT ETF by 201.0% during the fourth quarter. HighTower Advisors LLC now owns 34,295 shares of the company’s stock valued at $3,369,000 after buying an additional 22,902 shares during the period. Cambient Family Office LLC boosted its position in SPDR Dow Jones REIT ETF by 198.9% during the first quarter. Cambient Family Office LLC now owns 15,314 shares of the company’s stock valued at $1,546,000 after buying an additional 10,190 shares during the period. Royal Bank of Canada grew its stake in shares of SPDR Dow Jones REIT ETF by 18.0% during the first quarter. Royal Bank of Canada now owns 58,325 shares of the company’s stock valued at $5,890,000 after buying an additional 8,897 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of SPDR Dow Jones REIT ETF by 69.5% during the second quarter. NewEdge Advisors LLC now owns 12,213 shares of the company’s stock valued at $1,380,000 after buying an additional 5,009 shares during the last quarter.

SPDR Dow Jones REIT ETF Stock Performance

Shares of NYSEARCA:RWR opened at $107.91 on Friday. SPDR Dow Jones REIT ETF has a 52-week low of $96.66 and a 52-week high of $119.65. The firm has a fifty day moving average of $113.90 and a 200 day moving average of $110.42. The firm has a market capitalization of $1.85 billion, a PE ratio of 36.49 and a beta of 0.96.

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.