Smithbridge Asset Management Inc. DE lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 99.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 72,131 shares of the exchange traded fund’s stock after purchasing an additional 35,981 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises 3.0% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 6th largest position. Smithbridge Asset Management Inc. DE’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $34,664,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.5% in the fourth quarter. LPL Financial LLC now owns 1,649,992 shares of the exchange traded fund’s stock valued at $792,937,000 after purchasing an additional 40,183 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,118.2% in the third quarter. Focus Partners Wealth now owns 574,858 shares of the exchange traded fund’s stock valued at $266,593,000 after purchasing an additional 527,669 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 9,051.9% in the third quarter. Two Sigma Investments LP now owns 517,080 shares of the exchange traded fund’s stock valued at $239,791,000 after purchasing an additional 511,430 shares in the last quarter. Capital Wealth Planning LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 2,830.3% in the third quarter. Capital Wealth Planning LLC now owns 463,633 shares of the exchange traded fund’s stock valued at $215,005,000 after purchasing an additional 447,811 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.5% in the third quarter. Raymond James Financial Inc. now owns 435,514 shares of the exchange traded fund’s stock valued at $201,965,000 after purchasing an additional 2,180 shares in the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Price Performance
Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $500.25 on Thursday. The firm has a market cap of $43.37 billion, a P/E ratio of 22.20 and a beta of 0.86. The firm has a 50 day simple moving average of $493.72 and a 200 day simple moving average of $486.96. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $419.62 and a fifty-two week high of $517.75.
SPDR Dow Jones Industrial Average ETF Trust Company 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.
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