Envestnet Asset Management Inc. Increases Stake in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)

Envestnet Asset Management Inc. grew its stake in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 14.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 625,357 shares of the company’s stock after buying an additional 77,212 shares during the quarter. Envestnet Asset Management Inc. owned 2.50% of SPDR Dow Jones Global Real Estate ETF worth $27,291,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Olde Wealth Management LLC purchased a new stake in SPDR Dow Jones Global Real Estate ETF during the first quarter worth approximately $27,000. Physician Wealth Advisors Inc. purchased a new stake in SPDR Dow Jones Global Real Estate ETF during the fourth quarter worth approximately $47,000. NBC Securities Inc. purchased a new stake in SPDR Dow Jones Global Real Estate ETF during the first quarter worth approximately $54,000. Heck Capital Advisors LLC purchased a new stake in SPDR Dow Jones Global Real Estate ETF during the fourth quarter worth approximately $55,000. Finally, Creative Financial Designs Inc. ADV lifted its stake in SPDR Dow Jones Global Real Estate ETF by 885.3% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,340 shares of the company’s stock worth $58,000 after purchasing an additional 1,204 shares during the last quarter.

SPDR Dow Jones Global Real Estate ETF Price Performance

Shares of SPDR Dow Jones Global Real Estate ETF stock opened at $44.33 on Tuesday. The firm’s fifty day simple moving average is $44.22 and its 200-day simple moving average is $43.55. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 28.96 and a beta of 0.91. SPDR Dow Jones Global Real Estate ETF has a 12 month low of $37.86 and a 12 month high of $48.60.

SPDR Dow Jones Global Real Estate ETF 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.