No press releases found.
Telecom tower REITs shine amid the broader market rout
Seeking Alpha News (Sat, 5-Apr 10:20 AM ET)
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 April 9, 2025, RWR stock price declined to $85.19 with 86,810 million shares trading.
RWR has a beta of 0.71, meaning it tends to be less sensitive to market movements. RWR has a correlation of 0.47 to the broad based SPY ETF.
RWR has a market cap of $1.60 billion. This is considered a Small Cap stock.
In the last 3 years, RWR traded as high as $122.07 and as low as $76.73.
RWR has underperformed the market in the last year with a return of -4.1%, while SPY returned -2.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RWR shares. However, RWR has outperformed the market in the last 3 month and 2 week periods, returning -11.9% and -13.0%, while SPY returned -15.1% and -13.3%, respectively. This indicates RWR has been having a stronger performance recently.
RWR support price is $85.07 and resistance is $87.59 (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 shares will trade within this expected range on the day.