SPDR Dow Jones REIT ETF $RWR Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lessened its stake in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 53.3% during the 4th quarter, Holdings Channel reports. The firm owned 6,898 shares of the company’s stock after selling 7,879 shares during the quarter. Park Avenue Securities LLC’s holdings in SPDR Dow Jones REIT ETF were worth $678,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Larson Financial Group LLC lifted its stake in shares of SPDR Dow Jones REIT ETF by 153.4% during the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock worth $30,000 after buying an additional 178 shares during the period. Beacon Capital Management Inc. purchased a new stake in shares of SPDR Dow Jones REIT ETF during the second quarter valued at $32,000. Caldwell Trust Co acquired a new position in shares of SPDR Dow Jones REIT ETF in the 2nd quarter valued at $43,000. Advisory Services Network LLC acquired a new position in shares of SPDR Dow Jones REIT ETF in the 3rd quarter valued at $65,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in SPDR Dow Jones REIT ETF in the 3rd quarter worth $85,000.

SPDR Dow Jones REIT ETF Stock Performance

Shares of RWR opened at $99.25 on Friday. The stock has a 50-day moving average of $103.96 and a two-hundred day moving average of $101.18. The stock has a market cap of $1.64 billion, a P/E 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.