Envestnet Asset Management Inc. lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 3.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 266,751 shares of the exchange traded fund’s stock after purchasing an additional 7,927 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $117,544,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIA. POM Investment Strategies LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth about $25,000. Family Legacy Financial Solutions LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $28,000. Oliver Lagore Vanvalin Investment Group bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $28,000. WPG Advisers LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth about $34,000. Finally, Cornerstone Planning Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth about $36,000. 37.11% of the stock is owned by institutional investors.
SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.4%
Shares of NYSEARCA:DIA opened at $477.15 on Wednesday. The stock has a market capitalization of $42.51 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $479.41. The business has a 50-day moving average price of $461.08 and a two-hundred day moving average price of $439.40.
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.
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Want to see what other hedge funds are holding DIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report).
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