Wedbush Securities Inc. Has $3.26 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Wedbush Securities Inc. lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,399 shares of the exchange traded fund’s stock after selling 367 shares during the quarter. Wedbush Securities Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,261,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DIA. Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at approximately $28,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $28,000. WPG Advisers LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at approximately $34,000. Cornerstone Planning Group LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at approximately $36,000. Finally, Trust Co. of Toledo NA OH bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $41,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $469.86 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $480.39. The stock’s fifty day moving average price is $464.15 and its two-hundred day moving average price is $443.38. The company has a market cap of $41.86 billion, a PE 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.