SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Stock Position Reduced by Valmark Advisers Inc.

Valmark Advisers Inc. trimmed its position in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 5.5% in the third quarter, Holdings Channel.com reports. The fund owned 9,950 shares of the company’s stock after selling 574 shares during the period. Valmark Advisers Inc.’s holdings in SPDR Dow Jones REIT ETF were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Geneos Wealth Management Inc. lifted its holdings in SPDR Dow Jones REIT ETF by 19.2% in the first quarter. Geneos Wealth Management Inc. now owns 20,542 shares of the company’s stock worth $1,936,000 after acquiring an additional 3,307 shares during the last quarter. Financial Counselors Inc. bought a new position in SPDR Dow Jones REIT ETF during the 2nd quarter worth $287,000. Smallwood Wealth Investment Management LLC lifted its stake in SPDR Dow Jones REIT ETF by 1.4% in the third quarter. Smallwood Wealth Investment Management LLC now owns 11,165 shares of the company’s stock valued at $1,192,000 after buying an additional 156 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in shares of SPDR Dow Jones REIT ETF during the second quarter valued at $36,000. Finally, Raymond James & Associates grew its position in shares of SPDR Dow Jones REIT ETF by 16.2% during the second quarter. Raymond James & Associates now owns 19,209 shares of the company’s stock worth $1,788,000 after acquiring an additional 2,682 shares during the last quarter.

SPDR Dow Jones REIT ETF Stock Up 0.4 %

RWR stock opened at $105.28 on Thursday. The firm’s 50-day simple moving average is $105.43 and its 200 day simple moving average is $97.67. The stock has a market cap of $1.63 billion, a PE ratio of 27.69 and a beta of 1.00. SPDR Dow Jones REIT ETF has a fifty-two week low of $77.63 and a fifty-two week high of $109.04.

SPDR Dow Jones REIT ETF Company Profile

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.