SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 13.5% in the fourth quarter, HoldingsChannel reports. The firm owned 106,756 shares of the exchange traded fund’s stock after buying an additional 12,708 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $51,304,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DIA. McIlrath & Eck LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. Cornerstone Planning Group LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $32,000. Investment Research & Advisory Group Inc. acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $34,000. Dorato Capital Management acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $37,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $503.11 on Friday. The stock has a market capitalization of $43.61 billion, a P/E ratio of 22.20 and a beta of 0.87. The company has a 50 day moving average price of $480.90 and a 200 day moving average price of $483.20. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $413.83 and a fifty-two week high of $505.30.

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.