Apollon Wealth Management LLC Cuts Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Apollon Wealth Management LLC trimmed its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 13.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 10,227 shares of the exchange traded fund’s stock after selling 1,610 shares during the quarter. Apollon Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $4,507,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DIA. Brighton Jones LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock valued at $5,129,000 after purchasing an additional 1,116 shares during the last quarter. Bison Wealth LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after purchasing an additional 118 shares during the last quarter. GAMMA Investing LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 95.8% during the 1st quarter. GAMMA Investing LLC now owns 280 shares of the exchange traded fund’s stock valued at $118,000 after purchasing an additional 137 shares during the last quarter. CX Institutional purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter valued at $72,000. Finally, Fifth Third Bancorp boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 1st quarter. Fifth Third Bancorp now owns 5,708 shares of the exchange traded fund’s stock valued at $2,397,000 after purchasing an additional 44 shares during the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.9%

Shares of DIA opened at $454.87 on Friday. The business’s fifty day simple moving average is $455.81 and its two-hundred day simple moving average is $433.77. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $470.38. The company has a market cap of $40.18 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94.

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.