SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Up 233.6% in February

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 603,822 shares, a growth of 233.6% from the January 29th total of 180,995 shares. Based on an average trading volume of 433,151 shares, the short-interest ratio is currently 1.4 days. Currently, 3.6% of the company’s shares are sold short. Currently, 3.6% of the company’s shares are sold short. Based on an average trading volume of 433,151 shares, the short-interest ratio is currently 1.4 days.

Hedge Funds Weigh In On SPDR Dow Jones REIT ETF

Several institutional investors have recently made changes to their positions in RWR. Charles Schwab Investment Management Inc. lifted its stake in SPDR Dow Jones REIT ETF by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,203,285 shares of the company’s stock worth $216,429,000 after acquiring an additional 110,318 shares during the period. JPMorgan Chase & Co. increased its position in SPDR Dow Jones REIT ETF by 20.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 679,746 shares of the company’s stock valued at $65,555,000 after purchasing an additional 116,979 shares during the period. LPL Financial LLC raised its holdings in shares of SPDR Dow Jones REIT ETF by 37.8% in the 4th quarter. LPL Financial LLC now owns 439,980 shares of the company’s stock valued at $43,219,000 after purchasing an additional 120,601 shares in the last quarter. Millennium Management LLC lifted its position in shares of SPDR Dow Jones REIT ETF by 11.7% in the 4th quarter. Millennium Management LLC now owns 433,079 shares of the company’s stock worth $42,541,000 after purchasing an additional 45,331 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of SPDR Dow Jones REIT ETF by 52.9% during the second quarter. Envestnet Asset Management Inc. now owns 423,587 shares of the company’s stock valued at $40,851,000 after purchasing an additional 146,570 shares in the last quarter.

SPDR Dow Jones REIT ETF Stock Down 0.3%

NYSEARCA:RWR traded down $0.33 during midday trading on Friday, hitting $108.15. The stock had a trading volume of 637,417 shares, compared to its average volume of 347,821. The stock has a 50-day moving average of $102.02 and a 200 day moving average of $100.41. The company has a market capitalization of $1.79 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 $109.24.

About SPDR Dow Jones REIT ETF

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.