SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $508.61 and traded as high as $514.16. SPDR Dow Jones Industrial Average ETF Trust shares last traded at $508.55, with a volume of 2,682,778 shares traded.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

The firm’s 50 day moving average price is $527.16 and its 200 day moving average price is $508.91. The stock has a market capitalization of $44.48 billion, a P/E ratio of 22.20 and a beta of 0.86.

Institutional Investors Weigh In On SPDR Dow Jones Industrial Average ETF Trust

Several institutional investors and hedge funds have recently bought and sold shares of DIA. Mosaic Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth $872,000. Rockefeller Capital Management L.P. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.8% during the 4th 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. Gilpin Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $800,000. Peak Planning Group LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $687,000. Finally, Lynch Investment Planning LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $4,381,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

About SPDR Dow Jones Industrial Average ETF Trust

(Get Free Report)

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.

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