Flaharty Asset Management LLC Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust $DIA

Flaharty Asset Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 287 shares of the exchange traded fund’s stock, valued at approximately $121,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DIA. Goldman Sachs Group Inc. lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock valued at $1,189,547,000 after acquiring an additional 904,328 shares in the last quarter. Hancock Prospecting Pty Ltd grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.8% in the first quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock valued at $356,801,000 after buying an additional 404,484 shares in the last quarter. Nissay Asset Management Corp Japan ADV boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 131.9% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 391,575 shares of the exchange traded fund’s stock valued at $168,377,000 after purchasing an additional 222,755 shares during the period. Pinkerton Retirement Specialists LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 199.5% in the first quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock valued at $108,088,000 after purchasing an additional 171,476 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 7,182.7% in the first quarter. Hsbc Holdings PLC now owns 124,899 shares of the exchange traded fund’s stock valued at $52,424,000 after purchasing an additional 123,184 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 Price Performance

Shares of NYSEARCA DIA opened at $458.01 on Wednesday. The company has a market capitalization of $39.32 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94. The business has a 50-day moving average of $447.72 and a two-hundred day moving average of $427.72. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $458.67.

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.