SPDR Dow Jones Global Real Estate ETF $RWO Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC cut its stake in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 16.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,868 shares of the company’s stock after selling 12,409 shares during the period. Beacon Pointe Advisors LLC owned approximately 0.25% of SPDR Dow Jones Global Real Estate ETF worth $2,775,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 65.3% during the fourth quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock valued at $15,249,000 after acquiring an additional 140,482 shares during the period. Park Avenue Securities LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF during the second quarter valued at approximately $2,862,000. M&T Bank Corp increased its stake in SPDR Dow Jones Global Real Estate ETF by 145.6% in the 2nd quarter. M&T Bank Corp now owns 72,432 shares of the company’s stock valued at $3,197,000 after buying an additional 42,939 shares during the period. Simplicity Wealth LLC acquired a new stake in SPDR Dow Jones Global Real Estate ETF during the second quarter valued at $1,667,000. Finally, Quent Capital LLC increased its holdings in SPDR Dow Jones Global Real Estate ETF by 8.9% in the second quarter. Quent Capital LLC now owns 435,275 shares of the company’s stock worth $19,213,000 after buying an additional 35,448 shares during the last quarter.

SPDR Dow Jones Global Real Estate ETF Stock Performance

Shares of RWO opened at $45.59 on Friday. The firm has a market cap of $1.15 billion, a PE ratio of 28.96 and a beta of 0.97. The firm’s 50 day moving average price is $45.56 and its 200 day moving average price is $44.96. SPDR Dow Jones Global Real Estate ETF has a twelve month low of $37.86 and a twelve month high of $46.54.

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.