SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Large Volume Increase

Shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) saw unusually-high trading volume on Friday . Approximately 490,742 shares traded hands during trading, an increase of 443% from the previous session’s volume of 90,418 shares.The stock last traded at $41.33 and had previously closed at $41.09.

SPDR Dow Jones Global Real Estate ETF Stock Performance

The stock has a fifty day simple moving average of $41.26 and a 200-day simple moving average of $41.91. The stock has a market cap of $1.18 billion, a P/E ratio of 20.77 and a beta of 0.95.

Hedge Funds Weigh In On SPDR Dow Jones Global Real Estate ETF

A number of large investors have recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its position in SPDR Dow Jones Global Real Estate ETF by 88.6% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 621,252 shares of the company’s stock worth $26,602,000 after acquiring an additional 291,842 shares during the last quarter. Raymond James & Associates lifted its position in SPDR Dow Jones Global Real Estate ETF by 39.7% during the first quarter. Raymond James & Associates now owns 307,338 shares of the company’s stock worth $13,160,000 after acquiring an additional 87,408 shares during the last quarter. Quent Capital LLC lifted its position in SPDR Dow Jones Global Real Estate ETF by 17.4% during the first quarter. Quent Capital LLC now owns 290,836 shares of the company’s stock worth $12,454,000 after acquiring an additional 43,048 shares during the last quarter. Brighton Jones LLC lifted its position in SPDR Dow Jones Global Real Estate ETF by 2.6% during the first quarter. Brighton Jones LLC now owns 290,616 shares of the company’s stock worth $12,444,000 after acquiring an additional 7,337 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in SPDR Dow Jones Global Real Estate ETF by 1,494.1% during the fourth quarter. Cerity Partners LLC now owns 249,557 shares of the company’s stock worth $10,908,000 after acquiring an additional 233,902 shares during the last quarter.

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.