Avantax Advisory Services Inc. Invests $1.61 Million in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Avantax Advisory Services Inc. purchased a new position in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,303 shares of the company’s stock, valued at approximately $1,612,000. Avantax Advisory Services Inc. owned approximately 0.11% of SPDR Dow Jones REIT ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. HighTower Advisors LLC raised its stake in SPDR Dow Jones REIT ETF by 4.1% in the fourth quarter. HighTower Advisors LLC now owns 10,368 shares of the company’s stock worth $1,025,000 after buying an additional 407 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in SPDR Dow Jones REIT ETF by 1.1% in the fourth quarter. Citizens Financial Group Inc. RI now owns 55,193 shares of the company’s stock worth $5,456,000 after buying an additional 619 shares in the last quarter. Rebalance LLC raised its stake in SPDR Dow Jones REIT ETF by 1.0% in the fourth quarter. Rebalance LLC now owns 34,915 shares of the company’s stock worth $3,452,000 after buying an additional 329 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPDR Dow Jones REIT ETF in the fourth quarter worth about $5,000,000. Finally, Cullen Frost Bankers Inc. raised its stake in SPDR Dow Jones REIT ETF by 20.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 2,667 shares of the company’s stock worth $264,000 after buying an additional 460 shares in the last quarter.

SPDR Dow Jones REIT ETF Price Performance

RWR stock opened at $99.34 on Wednesday. SPDR Dow Jones REIT ETF has a 1 year low of $85.94 and a 1 year high of $109.48. The company has a market cap of $1.81 billion, a P/E ratio of 34.60 and a beta of 1.11. The firm has a 50-day moving average of $100.17 and a 200 day moving average of $102.86.

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.