Lake Street Advisors Group LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,191 shares of the exchange traded fund’s stock, valued at approximately $874,000.
Other hedge funds also recently added to or reduced their stakes in the company. YHB Investment Advisors Inc. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at approximately $33,000. Massmutual Trust Co. FSB ADV purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at $36,000. Cetera Trust Company N.A purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $38,000. Partnership Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $40,000. Finally, Glassman Wealth Services boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 400.0% in the fourth quarter. Glassman Wealth Services now owns 110 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 88 shares during the period. 37.11% of the stock is currently owned by institutional investors and hedge funds.
SPDR Dow Jones Industrial Average ETF Trust Stock Performance
Shares of NYSEARCA DIA traded up $3.02 during midday trading on Thursday, reaching $401.69. 1,603,089 shares of the company were exchanged, compared to its average volume of 3,502,283. The stock has a fifty day simple moving average of $393.61 and a 200 day simple moving average of $388.68. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year high of $413.86.
SPDR Dow Jones Industrial Average ETF Trust Company Profile
SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.
Further Reading
- Five stocks we like better than SPDR Dow Jones Industrial Average ETF Trust
- Retail Stocks Investing, Explained
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Qualcomm Stock Could Be On The Verge of an Impressive Rally
Want to see what other hedge funds are holding DIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report).
Receive News & Ratings for SPDR Dow Jones Industrial Average ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Dow Jones Industrial Average ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.