Bessemer Group Inc. Cuts Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Bessemer Group Inc. reduced its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 34.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 864 shares of the exchange traded fund’s stock after selling 450 shares during the period. Bessemer Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $381,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in DIA. Brighton Jones LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 10.2% in the fourth quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock valued at $5,129,000 after buying an additional 1,116 shares in the last quarter. Bison Wealth LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 5.0% in the fourth quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after buying an additional 118 shares in the last quarter. GAMMA Investing LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 95.8% in the first quarter. GAMMA Investing LLC now owns 280 shares of the exchange traded fund’s stock valued at $118,000 after buying an additional 137 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 61.2% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,934 shares of the exchange traded fund’s stock valued at $1,232,000 after buying an additional 1,114 shares in the last quarter. Finally, Mutual Advisors LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 46.3% in the first quarter. Mutual Advisors LLC now owns 2,770 shares of the exchange traded fund’s stock valued at $1,111,000 after buying an additional 876 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 Stock Up 0.1%

NYSEARCA:DIA opened at $475.67 on Monday. The company has a market capitalization of $42.21 billion, a PE ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $480.39. The stock has a fifty day simple moving average of $462.54 and a 200-day simple moving average of $441.23.

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.