KG&L Capital Management LLC Raises Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

KG&L Capital Management LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,221 shares of the exchange traded fund’s stock after purchasing an additional 138 shares during the period. KG&L Capital Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DIA. Legacy Investment Solutions LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 650.0% in the fourth quarter. Legacy Investment Solutions LLC now owns 60 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 52 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at approximately $43,000. Curat Global LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at approximately $48,000. Nemes Rush Group LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at approximately $50,000. Finally, Dogwood Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth $52,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.2%

DIA opened at $429.86 on Thursday. The company has a market cap of $37.46 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The stock has a fifty day simple moving average of $416.98 and a two-hundred day simple moving average of $423.99. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-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.