Patton Fund Management Inc. Sells 3,506 Shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Patton Fund Management Inc. trimmed its position in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 130,261 shares of the company’s stock after selling 3,506 shares during the period. SPDR Dow Jones REIT ETF makes up about 2.5% of Patton Fund Management Inc.’s holdings, making the stock its 9th biggest holding. Patton Fund Management Inc. owned 0.84% of SPDR Dow Jones REIT ETF worth $12,878,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Franklin Resources Inc. grew its stake in SPDR Dow Jones REIT ETF by 10.5% during the third quarter. Franklin Resources Inc. now owns 5,267 shares of the company’s stock worth $550,000 after buying an additional 500 shares during the period. JPMorgan Chase & Co. increased its holdings in SPDR Dow Jones REIT ETF by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,378 shares of the company’s stock valued at $3,989,000 after purchasing an additional 530 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of SPDR Dow Jones REIT ETF by 2.1% during the third quarter. HighTower Advisors LLC now owns 9,961 shares of the company’s stock worth $1,062,000 after purchasing an additional 201 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of SPDR Dow Jones REIT ETF in the fourth quarter worth about $1,085,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of SPDR Dow Jones REIT ETF in the third quarter valued at about $225,000.

SPDR Dow Jones REIT ETF Stock Performance

Shares of NYSEARCA:RWR opened at $100.02 on Wednesday. The business’s 50-day simple moving average is $101.39 and its 200 day simple moving average is $102.65. The company has a market cap of $1.55 billion, a P/E ratio of 27.69 and a beta of 1.00. SPDR Dow Jones REIT ETF has a one year low of $85.94 and a one year high of $109.48.

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.