Capital Wealth Planning LLC Cuts Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Capital Wealth Planning LLC reduced its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 84.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 71,859 shares of the exchange traded fund’s stock after selling 391,774 shares during the quarter. Capital Wealth Planning LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $34,533,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gilpin Wealth Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $800,000. Smithbridge Asset Management Inc. DE boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 99.5% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 72,131 shares of the exchange traded fund’s stock worth $34,664,000 after buying an additional 35,981 shares during the last quarter. Signet Private Wealth LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $288,000. J.Safra Asset Management Corp boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 27,900.0% in the 4th quarter. J.Safra Asset Management Corp now owns 9,800 shares of the exchange traded fund’s stock worth $4,710,000 after buying an additional 9,765 shares during the last quarter. Finally, GWN Securities Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 4th quarter. GWN Securities Inc. now owns 4,720 shares of the exchange traded fund’s stock worth $2,269,000 after buying an additional 38 shares during 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 Performance

Shares of NYSEARCA:DIA opened at $500.25 on Thursday. The company’s 50-day moving average is $493.72 and its 200 day moving average is $486.96. The company has a market capitalization of $43.37 billion, a P/E ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $419.62 and a fifty-two week high of $517.75.

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.