SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC cut its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,983 shares of the exchange traded fund’s stock after selling 1,083 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Horizon Corp acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $5,101,000. Ashton Thomas Private Wealth LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 47.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock worth $2,513,000 after acquiring an additional 1,742 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 55.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock worth $1,683,000 after acquiring an additional 1,295 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 34.7% during the 3rd quarter. Capital Investment Advisors LLC now owns 5,021 shares of the exchange traded fund’s stock worth $2,329,000 after purchasing an additional 1,294 shares during the period. Finally, American Wealth Advisors LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $1,930,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $495.02 on Monday. The stock has a market cap of $42.91 billion, a PE ratio of 22.20 and a beta of 0.87. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $407.51 and a twelve month high of $505.30. The stock has a fifty day simple moving average of $478.13 and a 200-day simple moving average of $480.66.

SPDR Dow Jones Industrial Average ETF Trust 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.