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

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 Trading Up 1.1 %

The business has a fifty day moving average of $41.26 and a 200 day moving average of $41.91. The company has a market capitalization of $1.18 billion, a PE ratio of 20.77 and a beta of 0.95.

Institutional Investors Weigh In On SPDR Dow Jones Global Real Estate ETF

A number of hedge funds have recently bought and sold shares of RWO. Raymond James Financial Services Advisors Inc. raised its position in SPDR Dow Jones Global Real Estate ETF by 1,712.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 329,410 shares of the company’s stock valued at $14,399,000 after purchasing an additional 311,239 shares in the last quarter. Cerity Partners LLC raised its position in SPDR Dow Jones Global Real Estate ETF by 1,494.1% in the 4th quarter. Cerity Partners LLC now owns 249,557 shares of the company’s stock valued at $10,908,000 after purchasing an additional 233,902 shares in the last quarter. One Capital Management LLC raised its position in SPDR Dow Jones Global Real Estate ETF by 124.7% in the 4th quarter. One Capital Management LLC now owns 236,671 shares of the company’s stock valued at $10,345,000 after purchasing an additional 131,343 shares in the last quarter. Altfest L J & Co. Inc. raised its position in SPDR Dow Jones Global Real Estate ETF by 314.6% in the 4th quarter. Altfest L J & Co. Inc. now owns 148,949 shares of the company’s stock valued at $6,511,000 after purchasing an additional 113,026 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in SPDR Dow Jones Global Real Estate ETF in the 4th quarter valued at about $4,931,000.

About SPDR Dow Jones Global Real Estate ETF

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.