Assetmark Inc. Reduces Position in SPDR Dow Jones REIT ETF $RWR

Assetmark Inc. decreased its holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 21.9% during the 1st quarter, HoldingsChannel reports. The fund owned 23,498 shares of the company’s stock after selling 6,597 shares during the quarter. Assetmark Inc.’s holdings in SPDR Dow Jones REIT ETF were worth $2,373,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of RWR. Royal Bank of Canada raised its position in shares of SPDR Dow Jones REIT ETF by 0.9% in the 1st quarter. Royal Bank of Canada now owns 26,921 shares of the company’s stock valued at $2,669,000 after purchasing an additional 234 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the first quarter worth approximately $262,000. Jones Financial Companies Lllp increased its stake in shares of SPDR Dow Jones REIT ETF by 139.6% in the first quarter. Jones Financial Companies Lllp now owns 1,241 shares of the company’s stock worth $123,000 after buying an additional 723 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in shares of SPDR Dow Jones REIT ETF by 81.7% in the second quarter. Qube Research & Technologies Ltd now owns 17,713 shares of the company’s stock worth $1,708,000 after buying an additional 7,964 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in SPDR Dow Jones REIT ETF by 401.0% in the second quarter. NewEdge Advisors LLC now owns 36,962 shares of the company’s stock valued at $3,565,000 after acquiring an additional 29,585 shares in the last quarter.

SPDR Dow Jones REIT ETF Price Performance

NYSEARCA RWR opened at $116.70 on Friday. SPDR Dow Jones REIT ETF has a 12 month low of $94.44 and a 12 month high of $118.99. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 36.49 and a beta of 0.97. The company’s fifty day moving average price is $112.68 and its two-hundred day moving average price is $107.45.

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. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.