SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Strong Trading Volume – Still a Buy?

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWOGet Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 148,118 shares were traded during trading, an increase of 171% from the previous session’s volume of 54,730 shares.The stock last traded at $50.38 and had previously closed at $49.72.

SPDR Dow Jones Global Real Estate ETF Price Performance

The company’s 50-day simple moving average is $49.35 and its 200-day simple moving average is $47.90. The stock has a market capitalization of $1.27 billion, a P/E ratio of 28.96 and a beta of 0.90.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 3.8% in the 1st quarter. Bank of America Corp DE now owns 1,570,009 shares of the company’s stock valued at $71,859,000 after purchasing an additional 57,750 shares during the period. Matrix Private Capital Group LLC bought a new position in SPDR Dow Jones Global Real Estate ETF during the first quarter worth about $917,000. Cetera Investment Advisers increased its position in SPDR Dow Jones Global Real Estate ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 69,507 shares of the company’s stock worth $3,181,000 after buying an additional 896 shares during the last quarter. White & Co Financial Planning Inc increased its position in SPDR Dow Jones Global Real Estate ETF by 6.4% during the first quarter. White & Co Financial Planning Inc now owns 128,441 shares of the company’s stock worth $5,879,000 after buying an additional 7,763 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in SPDR Dow Jones Global Real Estate ETF by 48.0% during the first quarter. Sanctuary Advisors LLC now owns 64,301 shares of the company’s stock worth $2,943,000 after buying an additional 20,843 shares during the last quarter.

About SPDR Dow Jones Global Real Estate ETF

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