Beacon Pointe Advisors LLC Has $7.50 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Beacon Pointe Advisors LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,634 shares of the exchange traded fund’s stock after acquiring an additional 249 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,503,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of DIA. Raymond James Financial Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $195,249,000. Wealthfront Advisers LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% during the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after buying an additional 411,579 shares during the last quarter. AIA Group Ltd increased its position in SPDR Dow Jones Industrial Average ETF Trust by 246.5% during the fourth quarter. AIA Group Ltd now owns 356,075 shares of the exchange traded fund’s stock worth $151,510,000 after buying an additional 253,320 shares during the last quarter. Strategic Financial Concepts LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after buying an additional 250,078 shares during the last quarter. Finally, USA Financial Formulas increased its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after buying an additional 187,099 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 Stock Up 0.3 %

Shares of NYSEARCA DIA opened at $402.27 on Tuesday. The business’s 50 day moving average price is $412.63 and its two-hundred day moving average price is $427.93. The company has a market cap of $34.99 billion, a PE ratio of 21.45 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $451.55.

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.