Stephens Inc. AR increased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 3.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,082 shares of the exchange traded fund’s stock after purchasing an additional 1,881 shares during the quarter. Stephens Inc. AR owned approximately 0.07% of SPDR Dow Jones Industrial Average ETF Trust worth $27,797,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of DIA. POM Investment Strategies LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth about $25,000. Family Legacy Financial Solutions LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $28,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at approximately $28,000. WPG Advisers LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth approximately $34,000. Finally, Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.5%
Shares of NYSEARCA:DIA opened at $461.78 on Monday. The company’s fifty day moving average is $457.82 and its two-hundred day moving average is $435.42. The company has a market cap of $40.01 billion, a P/E 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 $470.38.
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.
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