Concurrent Investment Advisors LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 2.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,327 shares of the exchange traded fund’s stock after purchasing an additional 888 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $16,448,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of DIA. POM Investment Strategies LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at about $25,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $28,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $28,000. WPG Advisers LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at about $34,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at about $36,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.9%
Shares of DIA opened at $454.87 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $470.38. The firm has a 50-day moving average price of $455.81 and a 200 day moving average price of $433.77. The firm has a market capitalization of $40.18 billion, a P/E ratio of 22.20 and a beta of 0.94.
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.
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