SPDR Dow Jones Industrial Average ETF Trust $DIA Stake Cut by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. cut its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 810 shares of the exchange traded fund’s stock after selling 60 shares during the period. Penobscot Investment Management Company Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after purchasing an additional 904,328 shares in the last quarter. Hancock Prospecting Pty Ltd raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.8% during the 1st quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock worth $356,801,000 after purchasing an additional 404,484 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.5% during the 1st quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock worth $249,342,000 after purchasing an additional 41,209 shares in the last quarter. USA Financial Formulas raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 53.4% during the 1st quarter. USA Financial Formulas now owns 290,626 shares of the exchange traded fund’s stock worth $122,028,000 after purchasing an additional 101,182 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 199.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock worth $108,088,000 after purchasing an additional 171,476 shares in the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $467.51 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $470.38. The business has a 50-day moving average of $453.79 and a 200-day moving average of $432.36. The company has a market capitalization of $39.78 billion, a PE 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.