Arete Wealth Advisors LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 28.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,134 shares of the exchange traded fund’s stock after purchasing an additional 4,725 shares during the quarter. Arete Wealth Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $8,993,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of DIA. Strategic Financial Concepts LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after buying an additional 250,078 shares during the period. Park Avenue Securities LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $381,000. Fisher Asset Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 57.1% during the 4th quarter. Fisher Asset Management LLC now owns 784 shares of the exchange traded fund’s stock worth $334,000 after purchasing an additional 285 shares during the period. DAVENPORT & Co LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.9% during the fourth quarter. DAVENPORT & Co LLC now owns 6,373 shares of the exchange traded fund’s stock worth $2,712,000 after buying an additional 299 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $426,000. Institutional investors and hedge funds own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.6 %
Shares of NYSEARCA:DIA opened at $422.03 on Thursday. The company has a market cap of $37.26 billion, a price-to-earnings ratio of 23.00 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The firm’s 50-day simple moving average is $433.19 and its 200-day simple moving average is $431.67.
SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend
About SPDR Dow Jones Industrial Average ETF Trust
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.
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