Belpointe Asset Management LLC Lowers Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Belpointe Asset Management LLC lowered its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 89.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 989 shares of the exchange traded fund’s stock after selling 8,025 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DIA. POM Investment Strategies LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $25,000. WPG Advisers LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $34,000. Cornerstone Planning Group LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $36,000. Cubist Systematic Strategies LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $43,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $47,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA opened at $459.32 on Monday. The stock’s 50-day moving average is $448.45 and its two-hundred day moving average is $428.19. The stock has a market cap of $39.43 billion, a PE ratio of 22.20 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $462.32.

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.