Raymond James & Associates Cuts Holdings in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)

Raymond James & Associates cut its holdings in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 311,584 shares of the company’s stock after selling 8,320 shares during the quarter. Raymond James & Associates owned 1.10% of SPDR Dow Jones Global Real Estate ETF worth $14,810,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Mather Group LLC. purchased a new position in SPDR Dow Jones Global Real Estate ETF in the second quarter valued at about $26,000. CBIZ Investment Advisory Services LLC increased its stake in SPDR Dow Jones Global Real Estate ETF by 108.6% in the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 630 shares of the company’s stock valued at $26,000 after purchasing an additional 328 shares in the last quarter. International Assets Investment Management LLC acquired a new position in SPDR Dow Jones Global Real Estate ETF during the second quarter worth $105,000. PNC Financial Services Group Inc. boosted its position in SPDR Dow Jones Global Real Estate ETF by 321.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,716 shares of the company’s stock worth $119,000 after purchasing an additional 2,072 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in SPDR Dow Jones Global Real Estate ETF in the second quarter valued at $204,000.

SPDR Dow Jones Global Real Estate ETF Stock Down 0.8 %

Shares of RWO stock opened at $45.95 on Friday. SPDR Dow Jones Global Real Estate ETF has a fifty-two week low of $35.60 and a fifty-two week high of $48.60. The business has a fifty day simple moving average of $46.79 and a 200-day simple moving average of $43.66. The stock has a market cap of $1.30 billion, a P/E ratio of 20.77 and a beta of 0.95.

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.