Sunbelt Securities Inc. Decreases Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Sunbelt Securities Inc. lowered its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,024 shares of the exchange traded fund’s stock after selling 33 shares during the quarter. Sunbelt Securities Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,565,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $195,249,000. Wealthfront Advisers LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after purchasing an additional 411,579 shares during the last quarter. AIA Group Ltd grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 246.5% in the 4th quarter. AIA Group Ltd now owns 356,075 shares of the exchange traded fund’s stock valued at $151,510,000 after purchasing an additional 253,320 shares during the period. Strategic Financial Concepts LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after purchasing an additional 250,078 shares during the period. Finally, Nissay Asset Management Corp Japan ADV increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 131.9% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 391,575 shares of the exchange traded fund’s stock valued at $168,377,000 after purchasing an additional 222,755 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $418.82 on Friday. The business’s fifty day moving average is $408.88 and its 200-day moving average is $426.80. The stock has a market capitalization of $38.26 billion, a price-to-earnings ratio of 22.17 and a beta of 0.92. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $451.55.

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.