Cambridge Advisors Inc. Sells 23 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Cambridge Advisors Inc. trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,818 shares of the exchange traded fund’s stock after selling 23 shares during the period. Cambridge Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,682,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. POM Investment Strategies LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth approximately $25,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at $28,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $28,000. WPG Advisers LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth $34,000. Finally, Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth $36,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.3%

NYSEARCA DIA opened at $459.43 on Friday. The company has a 50-day simple moving average of $451.64 and a two-hundred day simple moving average of $430.23. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $467.00. The firm has a market cap of $39.44 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94.

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.