Parallel Advisors LLC Purchases New Stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Parallel Advisors LLC purchased a new stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 467 shares of the company’s stock, valued at approximately $46,000.

A number of other institutional investors have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its holdings in SPDR Dow Jones REIT ETF by 28.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,528,333 shares of the company’s stock worth $249,951,000 after purchasing an additional 567,560 shares during the last quarter. Northern Trust Corp raised its holdings in SPDR Dow Jones REIT ETF by 10.1% during the fourth quarter. Northern Trust Corp now owns 3,159,122 shares of the company’s stock worth $312,311,000 after purchasing an additional 290,370 shares during the last quarter. Christian Investment Advisors Inc. acquired a new position in SPDR Dow Jones REIT ETF during the fourth quarter worth $11,967,000. Raymond James Financial Inc. acquired a new position in SPDR Dow Jones REIT ETF during the fourth quarter worth $5,000,000. Finally, Ameriprise Financial Inc. raised its holdings in SPDR Dow Jones REIT ETF by 17.5% during the fourth quarter. Ameriprise Financial Inc. now owns 278,217 shares of the company’s stock worth $26,578,000 after purchasing an additional 41,497 shares during the last quarter.

SPDR Dow Jones REIT ETF Stock Performance

Shares of RWR stock opened at $98.17 on Monday. The stock has a fifty day moving average price of $95.15 and a 200 day moving average price of $98.85. The stock has a market cap of $1.93 billion, a PE ratio of 33.89 and a beta of 1.05. SPDR Dow Jones REIT ETF has a 1 year low of $83.14 and a 1 year high of $109.48.

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.