Watchman Group Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,250 shares of the exchange traded fund’s stock, valued at approximately $551,000.
Several other institutional investors have also modified their holdings of the business. Goldman Sachs Group Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 46.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock valued at $1,189,547,000 after purchasing an additional 904,328 shares during the last quarter. Hancock Prospecting Pty Ltd increased its holdings in 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 during the last quarter. Ameriprise Financial Inc. raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.5% in the 1st quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock valued at $249,342,000 after purchasing an additional 41,209 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock valued at $218,498,000 after purchasing an additional 64,314 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock valued at $117,544,000 after buying an additional 7,927 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.8%
DIA stock opened at $458.10 on Friday. The firm has a 50 day simple moving average of $466.61 and a 200-day simple moving average of $447.59. The company has a market capitalization of $40.81 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $484.39.
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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