ORBA Wealth Advisors L.L.C. Trims Position in SPDR Dow Jones Global Real Estate ETF $RWO

ORBA Wealth Advisors L.L.C. trimmed its position in shares of SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 42.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 16,875 shares of the company’s stock after selling 12,366 shares during the period. ORBA Wealth Advisors L.L.C.’s holdings in SPDR Dow Jones Global Real Estate ETF were worth $745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 65.3% during the fourth quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock worth $15,249,000 after buying an additional 140,482 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR Dow Jones Global Real Estate ETF by 14.1% during the first quarter. Envestnet Asset Management Inc. now owns 625,357 shares of the company’s stock worth $27,291,000 after purchasing an additional 77,212 shares during the period. Park Avenue Securities LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF during the second quarter worth about $2,862,000. Banque Cantonale Vaudoise purchased a new position in SPDR Dow Jones Global Real Estate ETF during the first quarter worth about $1,998,000. Finally, Simplicity Wealth LLC purchased a new position in SPDR Dow Jones Global Real Estate ETF during the second quarter worth about $1,667,000.

SPDR Dow Jones Global Real Estate ETF Price Performance

Shares of RWO stock opened at $45.15 on Wednesday. The firm’s 50-day moving average is $45.54 and its two-hundred day moving average is $44.65. SPDR Dow Jones Global Real Estate ETF has a 12 month low of $37.86 and a 12 month high of $47.09. The company has a market capitalization of $1.14 billion, a PE ratio of 28.96 and a beta of 0.97.

About SPDR Dow Jones Global Real Estate ETF

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.