MLP3 LLC Acquires Shares of 5,633 SPDR Dow Jones Industrial Average ETF Trust $DIA

MLP3 LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,633 shares of the exchange traded fund’s stock, valued at approximately $2,707,000. SPDR Dow Jones Industrial Average ETF Trust comprises 3.0% of MLP3 LLC’s holdings, making the stock its 7th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIA. McIlrath & Eck LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 50 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $30,000. Investment Research & Advisory Group Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $34,000. IFC & Insurance Marketing Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $34,000. Finally, Dorato Capital Management purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $513.06 on Monday. The firm has a market cap of $44.48 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $419.62 and a 52 week high of $517.75. The firm has a 50-day moving average price of $495.59 and a two-hundred day moving average price of $487.64.

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.