Assetmark Inc. Trims Stake in SPDR Dow Jones International Real Estate ETF $RWX

Assetmark Inc. cut its stake in shares of SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) by 73.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 90,348 shares of the company’s stock after selling 245,162 shares during the quarter. Assetmark Inc.’s holdings in SPDR Dow Jones International Real Estate ETF were worth $2,513,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Richard W. Paul & Associates LLC purchased a new stake in SPDR Dow Jones International Real Estate ETF in the second quarter worth about $38,000. Raymond James Financial Inc. bought a new position in shares of SPDR Dow Jones International Real Estate ETF during the 2nd quarter valued at approximately $81,000. PNC Financial Services Group Inc. increased its holdings in SPDR Dow Jones International Real Estate ETF by 300.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,974 shares of the company’s stock worth $218,000 after acquiring an additional 5,984 shares in the last quarter. Corient Private Wealth LLC raised its stake in SPDR Dow Jones International Real Estate ETF by 53.8% during the 2nd quarter. Corient Private Wealth LLC now owns 13,964 shares of the company’s stock worth $383,000 after acquiring an additional 4,882 shares during the period. Finally, AE Wealth Management LLC raised its stake in SPDR Dow Jones International Real Estate ETF by 2,931.3% during the 2nd quarter. AE Wealth Management LLC now owns 15,278 shares of the company’s stock worth $419,000 after acquiring an additional 14,774 shares during the period. Institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Price Performance

RWX opened at $29.95 on Thursday. The firm has a market cap of $305.19 million, a P/E ratio of 18.85 and a beta of 0.82. SPDR Dow Jones International Real Estate ETF has a 1-year low of $22.87 and a 1-year high of $30.26. The company has a 50 day simple moving average of $28.71 and a two-hundred day simple moving average of $28.12.

About SPDR Dow Jones International Real Estate ETF

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) 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 excluding the United States.