Cadinha & Co. LLC Buys Shares of 57,315 SPDR Dow Jones Industrial Average ETF Trust $DIA

Cadinha & Co. LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, Holdings Channel.com reports. The fund bought 57,315 shares of the exchange traded fund’s stock, valued at approximately $27,544,000. SPDR Dow Jones Industrial Average ETF Trust accounts for about 4.2% of Cadinha & Co. LLC’s holdings, making the stock its 8th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIA. McIlrath & Eck LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $32,000. Investment Research & Advisory Group Inc. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $34,000. Dorato Capital Management purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $37,000. Finally, Elevated Capital Advisors LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA DIA opened at $493.00 on Friday. The company has a market cap of $46.21 billion, a PE ratio of 22.20 and a beta of 0.88. The business has a 50-day simple moving average of $478.47 and a two-hundred day simple moving average of $479.40. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $393.80 and a fifty-two week high of $505.30.

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.