GenWealth Group Inc. Invests $20.86 Million in SPDR Dow Jones Industrial Average ETF Trust $DIA

GenWealth Group Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 47,338 shares of the exchange traded fund’s stock, valued at approximately $20,859,000. SPDR Dow Jones Industrial Average ETF Trust comprises 4.2% of GenWealth Group Inc.’s investment portfolio, making the stock its 10th biggest holding. GenWealth Group Inc. owned 0.05% of SPDR Dow Jones Industrial Average ETF Trust at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. POM Investment Strategies LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at $25,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth about $28,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth about $28,000. WPG Advisers LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $34,000. Finally, Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at approximately $36,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA:DIA opened at $459.43 on Friday. The company has a 50 day moving average price of $451.64 and a 200-day moving average price of $430.23. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year 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.

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.