SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Unusually-High Trading Volume – Still a Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) saw unusually-strong trading volume on Friday . Approximately 208,242 shares changed hands during mid-day trading, an increase of 113% from the previous session’s volume of 97,745 shares.The stock last traded at $43.77 and had previously closed at $44.19.

SPDR Dow Jones Global Real Estate ETF Trading Down 0.5%

The firm’s fifty day moving average is $44.21 and its 200-day moving average is $43.54. The stock has a market capitalization of $1.11 billion, a PE ratio of 29.09 and a beta of 0.91.

Institutional Trading of SPDR Dow Jones Global Real Estate ETF

Large investors have recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 18.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,669 shares of the company’s stock worth $72,000 after purchasing an additional 260 shares during the period. Bank of Montreal Can raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 7.9% during the 4th quarter. Bank of Montreal Can now owns 3,865 shares of the company’s stock valued at $166,000 after buying an additional 282 shares during the period. Barclays PLC raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 1.2% during the 4th quarter. Barclays PLC now owns 26,292 shares of the company’s stock valued at $1,128,000 after buying an additional 311 shares during the period. Boltwood Capital Management raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 1.6% during the 1st quarter. Boltwood Capital Management now owns 20,815 shares of the company’s stock valued at $908,000 after buying an additional 325 shares during the period. Finally, Harbour Investments Inc. raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 6.4% during the 4th quarter. Harbour Investments Inc. now owns 6,979 shares of the company’s stock valued at $299,000 after buying an additional 422 shares during the period.

SPDR Dow Jones Global Real Estate ETF Company Profile

SPDR Dow Jones Global Real Estate ETF (the Fund), formerly SPDR DJ Wilshire Global Real Estate ETF, seeks to replicate as closely as possible the price and yield performance of the Dow Jones Global Select Real Estate Securities Index (the Index), an index based upon the global real estate market. The Index is a float-adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries.