SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by Assetmark Inc.

Assetmark Inc. trimmed its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 25.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,340 shares of the exchange traded fund’s stock after selling 447 shares during the period. Assetmark Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $590,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the fourth quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock valued at $5,129,000 after buying an additional 1,116 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the fourth quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after acquiring an additional 118 shares during the period. Cornerstone Planning Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at approximately $36,000. POM Investment Strategies LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at approximately $25,000. Finally, Allworth Financial LP boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.5% in the 1st quarter. Allworth Financial LP now owns 20,098 shares of the exchange traded fund’s stock worth $8,059,000 after purchasing an additional 864 shares during the period. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $469.28 on Friday. The firm’s 50 day moving average price is $463.87 and its two-hundred day moving average price is $442.77. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $480.39. The stock has a market cap of $41.81 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

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.