ARK & TLK Investments LLC Purchases New Stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

ARK & TLK Investments LLC acquired a new position in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,463 shares of the company’s stock, valued at approximately $425,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its stake in shares of SPDR Dow Jones REIT ETF by 7.6% during the 4th quarter. Northern Trust Corp now owns 2,705,926 shares of the company’s stock worth $257,929,000 after buying an additional 190,473 shares during the last quarter. Capital Advisors Inc. OK acquired a new stake in SPDR Dow Jones REIT ETF during the fourth quarter worth approximately $8,392,000. UBS Group AG boosted its holdings in shares of SPDR Dow Jones REIT ETF by 219.1% during the fourth quarter. UBS Group AG now owns 87,403 shares of the company’s stock worth $8,331,000 after acquiring an additional 60,011 shares during the period. Cullen Frost Bankers Inc. grew its position in shares of SPDR Dow Jones REIT ETF by 1,576.1% in the fourth quarter. Cullen Frost Bankers Inc. now owns 55,296 shares of the company’s stock valued at $5,271,000 after purchasing an additional 51,997 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of SPDR Dow Jones REIT ETF by 315.6% during the fourth quarter. Raymond James & Associates now owns 53,807 shares of the company’s stock worth $5,129,000 after purchasing an additional 40,860 shares during the period.

SPDR Dow Jones REIT ETF Price Performance

RWR traded up $0.08 during trading on Friday, hitting $92.84. The stock had a trading volume of 86,725 shares, compared to its average volume of 313,226. The company has a 50 day moving average price of $90.29 and a 200-day moving average price of $92.01. SPDR Dow Jones REIT ETF has a one year low of $76.73 and a one year high of $97.74. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 27.69 and a beta of 1.00.

About SPDR Dow Jones REIT ETF

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.