Worth Asset Management LLC Invests $11.35 Million in SPDR Dow Jones Industrial Average ETF Trust $DIA

Worth Asset Management LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 24,512 shares of the exchange traded fund’s stock, valued at approximately $11,354,000. SPDR Dow Jones Industrial Average ETF Trust comprises 4.2% of Worth Asset Management LLC’s holdings, making the stock its 2nd biggest position.

Several other hedge funds also recently added to or reduced their stakes in DIA. HighTower Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 13.5% in the 4th quarter. HighTower Advisors LLC now owns 106,756 shares of the exchange traded fund’s stock worth $51,304,000 after purchasing an additional 12,708 shares in the last quarter. Financial Planning Hawaii Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $746,000. Clarity Wealth Advisors LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.9% during the 4th quarter. Clarity Wealth Advisors LLC now owns 41,107 shares of the exchange traded fund’s stock valued at $19,755,000 after purchasing an additional 1,931 shares in the last quarter. Bridgewater Advisors Inc. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 14.5% during the 4th quarter. Bridgewater Advisors Inc. now owns 46,006 shares of the exchange traded fund’s stock valued at $22,580,000 after purchasing an additional 5,836 shares in the last quarter. Finally, Fifth Third Securities Inc. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 24.3% in the fourth quarter. Fifth Third Securities Inc. now owns 6,672 shares of the exchange traded fund’s stock worth $3,206,000 after buying an additional 1,304 shares during the last quarter. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.3%

NYSEARCA DIA opened at $517.08 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $419.62 and a 12-month high of $524.17. The company has a fifty day simple moving average of $501.20 and a two-hundred day simple moving average of $489.46. The stock has a market cap of $44.83 billion, a P/E ratio of 22.20 and a beta of 0.86.

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.