SPDR Dow Jones Industrial Average ETF Trust $DIA Stake Cut by Composition Wealth LLC

Composition Wealth LLC trimmed its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 27,359 shares of the exchange traded fund’s stock after selling 1,722 shares during the quarter. Composition Wealth LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $13,148,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. First Horizon Corp acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $5,101,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 47.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock valued at $2,513,000 after acquiring an additional 1,742 shares during the period. Benjamin Edwards Inc. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 55.5% during the third quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock valued at $1,683,000 after acquiring an additional 1,295 shares during the period. Capital Investment Advisors LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 34.7% during the third quarter. Capital Investment Advisors LLC now owns 5,021 shares of the exchange traded fund’s stock valued at $2,329,000 after acquiring an additional 1,294 shares during the period. Finally, American Wealth Advisors LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $1,930,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $495.02 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $407.51 and a 52-week high of $505.30. The company’s 50 day simple moving average is $478.13 and its 200-day simple moving average is $480.39. The firm has a market capitalization of $42.91 billion, a P/E ratio of 22.20 and a beta of 0.87.

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.