Pasadena Private Wealth LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,493 shares of the exchange traded fund’s stock, valued at approximately $658,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 46.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after purchasing an additional 904,328 shares during the last quarter. Hancock Prospecting Pty Ltd boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.8% during the 1st quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock valued at $356,801,000 after acquiring an additional 404,484 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.5% during the 1st quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock valued at $249,342,000 after acquiring an additional 41,209 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock valued at $117,544,000 after acquiring an additional 7,927 shares during the last quarter. Finally, Pinkerton Retirement Specialists LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 199.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock valued at $108,088,000 after acquiring an additional 171,476 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Trading Up 1.1%
Shares of DIA stock opened at $472.21 on Monday. The company’s 50-day moving average price is $460.00 and its 200-day moving average price is $438.35. The stock has a market cap of $41.81 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $473.24.
SPDR Dow Jones Industrial Average ETF Trust Company 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.
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