Balboa Wealth Partners Purchases 534 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Balboa Wealth Partners grew its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.7% during the first quarter, HoldingsChannel reports. The firm owned 8,495 shares of the exchange traded fund’s stock after buying an additional 534 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises approximately 0.9% of Balboa Wealth Partners’ holdings, making the stock its 23rd biggest position. Balboa Wealth Partners’ holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,567,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. First Trust Advisors LP acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $399,000. CX Institutional bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth about $72,000. Foresight Capital Management Advisors Inc. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 1st quarter. Foresight Capital Management Advisors Inc. now owns 9,111 shares of the exchange traded fund’s stock worth $3,825,000 after purchasing an additional 158 shares during the last quarter. Invesco Ltd. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $1,010,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 14.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 107,496 shares of the exchange traded fund’s stock worth $45,135,000 after purchasing an additional 13,565 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.9%

Shares of NYSEARCA:DIA opened at $425.72 on Tuesday. The stock has a market capitalization of $38.61 billion, a P/E ratio of 22.08 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $451.55. The business has a 50-day moving average price of $415.78 and a two-hundred day moving average price of $423.90.

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.