Smallwood Wealth Investment Management LLC Has $1.73 Million Holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Smallwood Wealth Investment Management LLC raised its position in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 56.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 17,494 shares of the company’s stock after purchasing an additional 6,329 shares during the period. SPDR Dow Jones REIT ETF accounts for approximately 1.2% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 19th largest position. Smallwood Wealth Investment Management LLC owned 0.11% of SPDR Dow Jones REIT ETF worth $1,730,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in SPDR Dow Jones REIT ETF by 261.8% in the second quarter. EverSource Wealth Advisors LLC now owns 398 shares of the company’s stock valued at $39,000 after buying an additional 288 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR Dow Jones REIT ETF by 1.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 449,098 shares of the company’s stock valued at $41,811,000 after purchasing an additional 6,794 shares during the period. Newport Capital Group LLC acquired a new position in shares of SPDR Dow Jones REIT ETF in the 2nd quarter valued at about $250,000. Chesley Taft & Associates LLC bought a new stake in shares of SPDR Dow Jones REIT ETF during the 3rd quarter valued at about $203,000. Finally, First PREMIER Bank acquired a new stake in SPDR Dow Jones REIT ETF during the third quarter worth approximately $178,000.

SPDR Dow Jones REIT ETF Stock Performance

Shares of RWR stock opened at $99.65 on Friday. The company has a market cap of $1.54 billion, a P/E ratio of 27.69 and a beta of 1.00. SPDR Dow Jones REIT ETF has a fifty-two week low of $85.94 and a fifty-two week high of $109.48. The stock has a 50 day simple moving average of $101.72 and a two-hundred day simple moving average of $102.44.

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.