SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sets New 1-Year High – What’s Next?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $51.04 and last traded at $51.04, with a volume of 4019 shares changing hands. The stock had previously closed at $50.46.

SPDR Dow Jones Global Real Estate ETF Price Performance

The company has a market cap of $1.30 billion, a P/E ratio of 28.96 and a beta of 0.90. The company’s 50-day moving average is $49.61 and its two-hundred day moving average is $48.26.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Brooklyn FI LLC increased its stake in shares of SPDR Dow Jones Global Real Estate ETF by 22.3% in the 4th quarter. Brooklyn FI LLC now owns 76,994 shares of the company’s stock worth $3,466,000 after purchasing an additional 14,063 shares in the last quarter. WLTH Capital Management LLC purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF during the fourth quarter worth about $4,494,000. New England Private Wealth Advisors LLC raised its position in shares of SPDR Dow Jones Global Real Estate ETF by 2,004.3% during the fourth quarter. New England Private Wealth Advisors LLC now owns 541,448 shares of the company’s stock valued at $24,594,000 after buying an additional 515,718 shares during the last quarter. Quent Long Short Global Small Cap Fund LP bought a new stake in SPDR Dow Jones Global Real Estate ETF in the 4th quarter valued at $23,320,000. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter worth about $786,000.

About SPDR Dow Jones Global Real Estate ETF