SPDR Dow Jones Industrial Average ETF Trust $DIA is FOCUS Wealth Advisors LLC’s 5th Largest Position

FOCUS Wealth Advisors LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.1% in the second quarter, Holdings Channel reports. The fund owned 24,252 shares of the exchange traded fund’s stock after purchasing an additional 267 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises 5.6% of FOCUS Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. FOCUS Wealth Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $10,687,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Berkshire Bank purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at $985,000. Bay Rivers Group increased its position in SPDR Dow Jones Industrial Average ETF Trust by 1.3% during the second quarter. Bay Rivers Group now owns 12,196 shares of the exchange traded fund’s stock valued at $5,374,000 after acquiring an additional 156 shares during the last quarter. Reyes Financial Architecture Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 6,752.0% during the second quarter. Reyes Financial Architecture Inc. now owns 10,278 shares of the exchange traded fund’s stock valued at $4,529,000 after acquiring an additional 10,128 shares during the last quarter. Sandy Cove Advisors LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at $490,000. Finally, Melone Private Wealth LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.5% during the second quarter. Melone Private Wealth LLC now owns 28,358 shares of the exchange traded fund’s stock valued at $12,421,000 after purchasing an additional 697 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

NYSEARCA:DIA opened at $458.78 on Wednesday. The stock has a 50-day simple moving average of $449.10 and a two-hundred day simple moving average of $428.55. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $462.32. The firm has a market capitalization of $39.38 billion, a PE ratio of 22.20 and a beta of 0.94.

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.