SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Strong Trading Volume

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) shares saw unusually-high trading volume on Monday . Approximately 180,654 shares were traded during mid-day trading, an increase of 79% from the previous session’s volume of 100,751 shares.The stock last traded at $47.81 and had previously closed at $47.75.

SPDR Dow Jones Global Real Estate ETF Stock Performance

The company’s 50 day simple moving average is $45.42 and its two-hundred day simple moving average is $42.88. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 20.77 and a beta of 0.95.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Mather Group LLC. bought a new position in SPDR Dow Jones Global Real Estate ETF during the second quarter valued at about $26,000. CBIZ Investment Advisory Services LLC lifted its holdings 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 worth $26,000 after purchasing an additional 328 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in SPDR Dow Jones Global Real Estate ETF during the fourth quarter worth approximately $44,000. Joseph Group Capital Management grew its holdings in SPDR Dow Jones Global Real Estate ETF by 21.9% during the fourth quarter. Joseph Group Capital Management now owns 1,643 shares of the company’s stock valued at $72,000 after purchasing an additional 295 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of SPDR Dow Jones Global Real Estate ETF in the second quarter valued at approximately $105,000.

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.