Fingerlakes Wealth Management Inc. Has $3.12 Million Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Fingerlakes Wealth Management Inc. trimmed its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,083 shares of the exchange traded fund’s stock after selling 78 shares during the period. SPDR Dow Jones Industrial Average ETF Trust comprises about 2.3% of Fingerlakes Wealth Management Inc.’s portfolio, making the stock its 11th largest position. Fingerlakes Wealth Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,121,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Goldman Sachs Group Inc. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after acquiring an additional 904,328 shares during the period. Hancock Prospecting Pty Ltd increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 90.8% in 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 buying an additional 404,484 shares during the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 7.5% in the 1st quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock valued at $249,342,000 after buying an additional 41,209 shares during the last quarter. Pinkerton Retirement Specialists LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 199.5% in 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 buying an additional 171,476 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 245,880 shares of the exchange traded fund’s stock valued at $103,240,000 after buying an additional 3,867 shares during the last quarter. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 1.1%

Shares of DIA stock opened at $467.02 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $470.38. The firm’s fifty day moving average price is $458.36 and its two-hundred day moving average price is $436.00. The firm has a market capitalization of $40.46 billion, a P/E ratio of 22.20 and a beta of 0.94.

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.