RWR Stock Summary and Trading Ideas (SPDR Dow Jones REIT ETF | ARCA:RWR)

The SPDR Dow Jones REIT ETF before expenses seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index (ticker: DWRTFT).

SPDR Dow Jones REIT ETF trades on the ARCA stock market under the symbol RWR.

As of May 13, 2024, RWR stock price climbed to $90.94 with 21,791 million shares trading.

RWR has a beta of 1.18, meaning it tends to be more sensitive to market movements. RWR has a correlation of 0.56 to the broad based SPY ETF.

RWR has a market cap of $1.41 billion. This is considered a Small Cap stock.

In the last 3 years, RWR stock traded as high as $123.10 and as low as $76.73.

RWR has underperformed the market in the last year with a return of +5.0%, while the SPY ETF gained +27.9%. In the last 3 month period, RWR fell short of the market, returning -0.8%, while SPY returned +4.3%. However, in the most recent 2 weeks RWR has outperformed the stock market by returning +3.4%, while SPY returned +2.5%.

RWR support price is $89.82 and resistance is $91.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RWR stock will trade within this expected range on the day.