Beck Capital Management LLC Acquires 132 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Beck Capital Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 28.8% in the fourth quarter, Holdings Channel reports. The firm owned 591 shares of the exchange traded fund’s stock after purchasing an additional 132 shares during the quarter. Beck Capital Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIA. Raymond James Financial Inc. bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $195,249,000. Wealthfront Advisers LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after buying an additional 411,579 shares during the last quarter. AIA Group Ltd grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 246.5% in the fourth quarter. AIA Group Ltd now owns 356,075 shares of the exchange traded fund’s stock valued at $151,510,000 after buying an additional 253,320 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after buying an additional 250,078 shares during the last quarter. Finally, USA Financial Formulas raised its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after acquiring an additional 187,099 shares in the last quarter. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $391.87 on Wednesday. The company has a fifty day moving average price of $416.31 and a two-hundred day moving average price of $428.56. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $451.55. The stock has a market cap of $34.09 billion, a P/E ratio of 21.45 and a beta of 0.91.

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.