Moors & Cabot Inc. Trims Stock Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Moors & Cabot Inc. lessened its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,156 shares of the exchange traded fund’s stock after selling 111 shares during the quarter. Moors & Cabot Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,272,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DIA. Brighton Jones LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after buying an additional 1,116 shares during the last quarter. Bison Wealth LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 5.0% in the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after purchasing an additional 118 shares during the last quarter. Financial Counselors Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.0% in the 1st quarter. Financial Counselors Inc. now owns 2,359 shares of the exchange traded fund’s stock valued at $990,000 after purchasing an additional 90 shares during the last quarter. Cornerstone Planning Group LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at $36,000. Finally, POM Investment Strategies LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at $25,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $473.11 on Thursday. The company has a fifty day moving average price of $463.62 and a 200 day moving average price of $442.58. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $480.39. The company has a market cap of $42.15 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

About SPDR Dow Jones Industrial Average ETF Trust

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.