Elevation Point Wealth Partners LLC Invests $1.54 Million in SPDR Dow Jones REIT ETF $RWR

Elevation Point Wealth Partners LLC purchased a new stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,354 shares of the company’s stock, valued at approximately $1,540,000. Elevation Point Wealth Partners LLC owned 0.09% of SPDR Dow Jones REIT ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in SPDR Dow Jones REIT ETF by 0.9% during the 1st quarter. Royal Bank of Canada now owns 26,921 shares of the company’s stock worth $2,669,000 after acquiring an additional 234 shares during the period. AQR Capital Management LLC acquired a new position in shares of SPDR Dow Jones REIT ETF in the first quarter valued at approximately $262,000. Jones Financial Companies Lllp raised its stake in shares of SPDR Dow Jones REIT ETF by 139.6% during the first quarter. Jones Financial Companies Lllp now owns 1,241 shares of the company’s stock worth $123,000 after purchasing an additional 723 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of SPDR Dow Jones REIT ETF by 163.4% during the second quarter. Cetera Investment Advisers now owns 25,354 shares of the company’s stock worth $2,445,000 after purchasing an additional 15,727 shares during the last quarter. Finally, Outlook Wealth Advisors LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the second quarter worth $390,000.

SPDR Dow Jones REIT ETF Price Performance

NYSEARCA:RWR opened at $104.25 on Monday. The firm’s fifty day moving average price is $103.59 and its 200 day moving average price is $101.06. SPDR Dow Jones REIT ETF has a 1-year low of $83.14 and a 1-year high of $109.24. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 36.49 and a beta of 1.05.

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.