Choreo LLC Boosts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Choreo LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 46.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,702 shares of the exchange traded fund’s stock after buying an additional 540 shares during the period. Choreo LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $641,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cetera Trust Company N.A purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $38,000. Grove Bank & Trust raised its position in SPDR Dow Jones Industrial Average ETF Trust by 90.1% in the 3rd quarter. Grove Bank & Trust now owns 135 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 64 shares during the period. Legacy Financial Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $50,000. Archer Investment Corp raised its position in SPDR Dow Jones Industrial Average ETF Trust by 52.5% in the 3rd quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 62 shares during the period. Finally, Sound Income Strategies LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 545.9% in the 4th quarter. Sound Income Strategies LLC now owns 239 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 202 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.2 %

Shares of NYSEARCA:DIA opened at $378.89 on Thursday. The stock has a market cap of $31.86 billion, a PE ratio of 22.42 and a beta of 0.74. The company’s fifty day moving average is $387.83 and its 200 day moving average is $372.44. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $323.21 and a 52 week high of $398.82.

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.