Balboa Wealth Partners Cuts Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Balboa Wealth Partners decreased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 42.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,910 shares of the exchange traded fund’s stock after selling 3,585 shares during the quarter. Balboa Wealth Partners’ holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,164,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after purchasing an additional 904,328 shares during the last quarter. Hancock Prospecting Pty Ltd raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 90.8% in the first quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock valued at $356,801,000 after buying an additional 404,484 shares in the last quarter. Ameriprise Financial Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 7.5% in the first quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock valued at $249,342,000 after buying an additional 41,209 shares in the last quarter. Pinkerton Retirement Specialists LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 199.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock worth $108,088,000 after buying an additional 171,476 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 245,880 shares of the exchange traded fund’s stock worth $103,240,000 after acquiring an additional 3,867 shares in the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA opened at $461.78 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $470.38. The company has a market cap of $40.01 billion, a P/E ratio of 22.20 and a beta of 0.94. The business’s 50-day simple moving average is $457.82 and its 200-day simple moving average is $435.42.

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.