SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Down 75.8% in December

by · The Cerbat Gem

SPDR Dow Jones REIT ETF (NYSEARCA:RWR – Get Free Report) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 148,149 shares, a decline of 75.8% from the December 15th total of 612,990 shares. Based on an average daily trading volume, of 198,778 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.9% of the shares of the stock are sold short. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 198,778 shares, the days-to-cover ratio is currently 0.7 days.

SPDR Dow Jones REIT ETF Trading Up 0.5%

Shares of RWR traded up $0.53 during trading hours on Tuesday, reaching $100.20. 136,719 shares of the company’s stock traded hands, compared to its average volume of 234,152. The stock has a market cap of $1.74 billion, a PE ratio of 36.49 and a beta of 1.05. The firm’s 50 day simple moving average is $99.50 and its 200-day simple moving average is $98.88. SPDR Dow Jones REIT ETF has a 12 month low of $83.14 and a 12 month high of $104.61.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

Several institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of SPDR Dow Jones REIT ETF by 2.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,987,301 shares of the company’s stock worth $191,655,000 after purchasing an additional 54,646 shares during the period. JPMorgan Chase & Co. raised 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 last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Dow Jones REIT ETF by 52.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 423,587 shares of the company’s stock worth $40,851,000 after buying an additional 146,570 shares during the period. Millennium Management LLC grew its position in shares of SPDR Dow Jones REIT ETF by 68.9% in the 3rd quarter. Millennium Management LLC now owns 387,748 shares of the company’s stock worth $38,887,000 after buying an additional 158,152 shares during the last quarter. Finally, Mason Street Advisors LLC grew its position in shares of SPDR Dow Jones REIT ETF by 11.0% in the 3rd quarter. Mason Street Advisors LLC now owns 355,805 shares of the company’s stock worth $35,684,000 after buying an additional 35,305 shares during the last quarter.

About SPDR Dow Jones REIT ETF

(Get Free Report)

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.

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