B. Riley Wealth Advisors Inc. Invests $2.76 Million in SPDR Dow Jones Industrial Average ETF Trust $DIA

B. Riley Wealth Advisors Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,255 shares of the exchange traded fund’s stock, valued at approximately $2,756,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth approximately $121,000. Calamos Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $441,000. Stephens Inc. AR lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the second quarter. Stephens Inc. AR now owns 63,082 shares of the exchange traded fund’s stock valued at $27,797,000 after buying an additional 1,881 shares during the period. Falcon Wealth Planning bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at $249,000. Finally, Bank of Nova Scotia acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $104,617,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $485.40 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $489.66. The business’s 50-day moving average is $471.05 and its 200-day moving average is $454.42. The company has a market capitalization of $43.24 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

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.