Summit X LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,877 shares of the exchange traded fund’s stock after purchasing an additional 116 shares during the quarter. Summit X LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $828,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Family Legacy Financial Solutions LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at approximately $28,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth $28,000. WPG Advisers LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at $34,000. Trust Co. of Toledo NA OH bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $41,000. Finally, First Command Advisory Services Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $44,000. 37.11% of the stock is owned by institutional investors.
SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.1%
SPDR Dow Jones Industrial Average ETF Trust stock opened at $469.86 on Friday. The firm has a market capitalization of $41.86 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The firm’s fifty day moving average price is $464.15 and its two-hundred day moving average price is $443.74. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $480.39.
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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