FDx Advisors Inc. Sells 34,144 Shares of SPDR Dow Jones Global Real Estate ETF $RWO

FDx Advisors Inc. reduced its position in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 75.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,061 shares of the company’s stock after selling 34,144 shares during the quarter. FDx Advisors Inc.’s holdings in SPDR Dow Jones Global Real Estate ETF were worth $513,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its holdings in SPDR Dow Jones Global Real Estate ETF by 81.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 652,424 shares of the company’s stock worth $32,116,000 after acquiring an additional 293,786 shares in the last quarter. Brighton Jones LLC bought a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 3rd quarter valued at about $12,944,000. Modera Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 3rd quarter worth approximately $9,110,000. Avidian Wealth Enterprises LLC purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 3rd quarter worth approximately $6,581,000. Finally, Valmark Advisers Inc. purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 3rd quarter worth approximately $4,900,000.

SPDR Dow Jones Global Real Estate ETF Stock Down 0.1%

Shares of NYSEARCA RWO traded down $0.07 during midday trading on Friday, reaching $48.87. 502,044 shares of the company’s stock traded hands, compared to its average volume of 82,451. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 23.34 and a beta of 0.88. The stock’s 50 day simple moving average is $47.63 and its 200-day simple moving average is $48.74. SPDR Dow Jones Global Real Estate ETF has a one year low of $44.68 and a one year high of $52.26.

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. The Fund’s investment manager is SSgA Funds Management, Inc.