Banta Asset Management LP Makes New $1.01 Million Investment in SPDR Dow Jones Industrial Average ETF Trust $DIA

Banta Asset Management LP bought a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,094 shares of the exchange traded fund’s stock, valued at approximately $1,006,000. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 0.9% of Banta Asset Management LP’s investment portfolio, making the stock its 11th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 47.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock worth $2,513,000 after buying an additional 1,742 shares during the last quarter. Financial Planning Hawaii Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth $746,000. Clarity Wealth Advisors LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.9% in the 4th quarter. Clarity Wealth Advisors LLC now owns 41,107 shares of the exchange traded fund’s stock worth $19,755,000 after buying an additional 1,931 shares during the last quarter. American Wealth Advisors LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $1,930,000. Finally, Fifth Third Securities Inc. increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 24.3% in the 4th quarter. Fifth Third Securities Inc. now owns 6,672 shares of the exchange traded fund’s stock worth $3,206,000 after buying an additional 1,304 shares during the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $506.12 on Friday. The company’s fifty day moving average price is $481.52 and its 200-day moving average price is $483.36. The firm has a market capitalization of $43.88 billion, a price-to-earnings ratio of 22.20 and a beta of 0.87. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $413.83 and a one year high of $508.74.

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.