Stone Wealth Partners Acquires Shares of 2,146 SPDR Dow Jones Industrial Average ETF Trust $DIA

Stone Wealth Partners acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,146 shares of the exchange traded fund’s stock, valued at approximately $1,033,000. SPDR Dow Jones Industrial Average ETF Trust comprises about 0.9% of Stone Wealth Partners’ investment portfolio, making the stock its 27th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Lynch Investment Planning LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $4,381,000. Capstone Wealth Management Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $478,000. Mcguire Capital Advisors Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $1,466,000. Axxcess Wealth Management LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 106.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,562 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 1,320 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 284.0% during the 4th quarter. Corient Private Wealth LLC now owns 119,810 shares of the exchange traded fund’s stock worth $57,577,000 after buying an additional 88,613 shares during the last quarter. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $515.52 on Friday. The stock has a 50-day simple moving average of $499.77 and a 200-day simple moving average of $488.87. The stock has a market cap of $44.69 billion, a P/E ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $419.62 and a 1 year high of $524.17.

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.