SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Sheets Smith Wealth Management

Sheets Smith Wealth Management cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 79.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 333 shares of the exchange traded fund’s stock after selling 1,267 shares during the period. Sheets Smith Wealth Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $532,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Winthrop Advisory Group LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 3.2% during the 1st quarter. Winthrop Advisory Group LLC now owns 977 shares of the exchange traded fund’s stock worth $326,000 after purchasing an additional 30 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 11.5% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 311 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 32 shares during the period. Ieq Capital LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 1st quarter. Ieq Capital LLC now owns 4,391 shares of the exchange traded fund’s stock worth $1,460,000 after acquiring an additional 33 shares during the last quarter. High Net Worth Advisory Group LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 3.5% during the 1st quarter. High Net Worth Advisory Group LLC now owns 1,063 shares of the exchange traded fund’s stock worth $370,000 after acquiring an additional 36 shares during the period. Finally, Financial Management Network Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 5.3% during the 4th quarter. Financial Management Network Inc. now owns 730 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 32.72% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $346.51 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $286.62 and a fifty-two week high of $356.70. The stock’s 50-day simple moving average is $348.13 and its 200-day simple moving average is $338.55.

SPDR Dow Jones Industrial Average ETF Trust 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.