SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Newly Bought by Worth Asset Management LLC

Worth Asset Management LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,189 shares of the exchange traded fund’s stock, valued at approximately $6,707,000. SPDR Dow Jones Industrial Average ETF Trust accounts for about 2.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 11th largest position.

Other hedge funds have also bought and sold shares of the company. Focus Partners Wealth boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.9% during the fourth quarter. Focus Partners Wealth now owns 597,337 shares of the exchange traded fund’s stock worth $287,037,000 after buying an additional 22,479 shares in the last quarter. Align Financial LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $100,450,000. Alkeon Capital Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth approximately $45,126,000. Rockefeller Capital Management L.P. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 82,225 shares of the exchange traded fund’s stock valued at $39,516,000 after buying an additional 3,027 shares in the last quarter. Finally, Smithbridge Asset Management Inc. DE grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 99.5% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 72,131 shares of the exchange traded fund’s stock valued at $34,664,000 after acquiring an additional 35,981 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA traded down $2.86 during mid-day trading on Wednesday, hitting $511.70. 2,962,840 shares of the company were exchanged, compared to its average volume of 5,109,969. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $450.44 and a 1-year high of $546.75. The company has a 50 day moving average of $526.58 and a 200-day moving average of $509.85. The stock has a market cap of $45.25 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86.

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.