Envestnet Portfolio Solutions Inc. Lowers Position in SPDR Dow Jones REIT ETF $RWR

Envestnet Portfolio Solutions Inc. trimmed its position in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 90.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,723 shares of the company’s stock after selling 134,805 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.09% of SPDR Dow Jones REIT ETF worth $1,477,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Beacon Capital Management Inc. purchased a new position in shares of SPDR Dow Jones REIT ETF in the 2nd quarter valued at approximately $32,000. Caldwell Trust Co bought a new position in SPDR Dow Jones REIT ETF in the second quarter worth $43,000. Steigerwald Gordon & Koch Inc. purchased a new position in SPDR Dow Jones REIT ETF during the third quarter valued at $85,000. Richard W. Paul & Associates LLC bought a new stake in shares of SPDR Dow Jones REIT ETF during the 2nd quarter valued at $108,000. Finally, Jones Financial Companies Lllp grew its position in shares of SPDR Dow Jones REIT ETF by 139.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,241 shares of the company’s stock worth $123,000 after buying an additional 723 shares during the period.

SPDR Dow Jones REIT ETF Price Performance

Shares of SPDR Dow Jones REIT ETF stock opened at $99.97 on Wednesday. SPDR Dow Jones REIT ETF has a 1 year low of $83.14 and a 1 year high of $104.61. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 36.49 and a beta of 1.05. The company has a 50-day moving average of $99.82 and a 200 day moving average of $99.20.

About SPDR Dow Jones REIT ETF

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.