Beacon Pointe Advisors LLC Sells 12,409 Shares of SPDR Dow Jones Global Real Estate ETF $RWO

Beacon Pointe Advisors LLC lessened its position in SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) by 16.5% during the 2nd quarter, Holdings Channel reports. The firm owned 62,868 shares of the company’s stock after selling 12,409 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in SPDR Dow Jones Global Real Estate ETF were worth $2,775,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. M&T Bank Corp lifted its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 145.6% during the 2nd quarter. M&T Bank Corp now owns 72,432 shares of the company’s stock valued at $3,197,000 after purchasing an additional 42,939 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of SPDR Dow Jones Global Real Estate ETF by 217.1% in the second quarter. PNC Financial Services Group Inc. now owns 1,744 shares of the company’s stock valued at $77,000 after purchasing an additional 1,194 shares during the last quarter. Innealta Capital LLC grew its position in shares of SPDR Dow Jones Global Real Estate ETF by 12.5% during the 2nd quarter. Innealta Capital LLC now owns 8,830 shares of the company’s stock worth $390,000 after purchasing an additional 983 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 69.8% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,275 shares of the company’s stock worth $100,000 after purchasing an additional 935 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in shares of SPDR Dow Jones Global Real Estate ETF in the 2nd quarter valued at approximately $988,000.

SPDR Dow Jones Global Real Estate ETF Trading Down 0.7%

Shares of SPDR Dow Jones Global Real Estate ETF stock opened at $45.59 on Friday. The company has a market cap of $1.15 billion, a PE ratio of 28.96 and a beta of 0.97. The company has a 50 day moving average of $45.56 and a 200-day moving average of $44.96. SPDR Dow Jones Global Real Estate ETF has a 1-year low of $37.86 and a 1-year high of $46.54.

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.