Bank of New York Mellon Corp Raises Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Bank of New York Mellon Corp lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,236 shares of the exchange traded fund’s stock after purchasing an additional 1,239 shares during the quarter. Bank of New York Mellon Corp owned about 0.07% of SPDR Dow Jones Industrial Average ETF Trust worth $27,901,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. McIlrath & Eck LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 50 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $30,000. Investment Research & Advisory Group Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $34,000. IFC & Insurance Marketing Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $34,000. Finally, Dorato Capital Management acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $37,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $521.26 on Tuesday. The company has a market cap of $45.42 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $433.40 and a 12 month high of $532.54. The stock’s 50-day moving average is $516.17 and its 200-day moving average is $496.37.

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.