Lynch Investment Planning LLC Takes $4.38 Million Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Lynch Investment Planning LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,097 shares of the exchange traded fund’s stock, valued at approximately $4,381,000. SPDR Dow Jones Industrial Average ETF Trust accounts for about 4.2% of Lynch Investment Planning LLC’s portfolio, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. McIlrath & Eck LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the 2nd 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 during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $30,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $34,000. IFC & Insurance Marketing Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at approximately $34,000. Finally, Dorato Capital Management acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.2%

Shares of NYSEARCA:DIA opened at $515.52 on Friday. The business has a 50 day moving average of $499.77 and a two-hundred day moving average of $488.87. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $419.62 and a 12-month high of $524.17. The company has a market capitalization of $44.69 billion, a PE ratio of 22.20 and a beta of 0.86.

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.