D.B. Root & Company LLC Has $658,000 Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

D.B. Root & Company LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 14.7% during the second quarter, HoldingsChannel reports. The firm owned 1,493 shares of the exchange traded fund’s stock after buying an additional 191 shares during the quarter. D.B. Root & Company LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $658,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Berkshire Money Management Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 24.9% during the 2nd quarter. Berkshire Money Management Inc. now owns 180,920 shares of the exchange traded fund’s stock worth $79,722,000 after buying an additional 36,091 shares during the period. Valley National Advisers Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.7% in the second quarter. Valley National Advisers Inc. now owns 2,850 shares of the exchange traded fund’s stock valued at $1,255,000 after acquiring an additional 76 shares during the period. Duncan Williams Asset Management LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8.5% in the second quarter. Duncan Williams Asset Management LLC now owns 2,374 shares of the exchange traded fund’s stock worth $1,046,000 after acquiring an additional 186 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 37.4% during the second quarter. Valeo Financial Advisors LLC now owns 2,618 shares of the exchange traded fund’s stock worth $1,153,000 after purchasing an additional 713 shares during the period. Finally, Marks Group Wealth Management Inc raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 20.9% during the second quarter. Marks Group Wealth Management Inc now owns 1,623 shares of the exchange traded fund’s stock worth $715,000 after purchasing an additional 281 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $467.51 on Monday. The stock has a 50 day simple moving average of $453.79 and a 200 day simple moving average of $432.45. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $470.38. The firm has a market capitalization of $39.73 billion, a PE ratio of 22.20 and a beta of 0.94.

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.