Latko Wealth Management Ltd. lessened its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 17.0% in the 4th quarter, Holdings Channel reports. The fund owned 52,997 shares of the exchange traded fund’s stock after selling 10,856 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for 12.5% of Latko Wealth Management Ltd.’s holdings, making the stock its 3rd largest holding. Latko Wealth Management Ltd.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $25,469,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Novak & Powell Financial Services Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 7,923 shares of the exchange traded fund’s stock valued at $3,808,000 after acquiring an additional 31 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 1,239.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 27,434 shares of the exchange traded fund’s stock valued at $13,184,000 after acquiring an additional 25,386 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $30,000. Murphy & Mullick Capital Management Corp grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.9% during the 4th quarter. Murphy & Mullick Capital Management Corp now owns 1,064 shares of the exchange traded fund’s stock valued at $511,000 after acquiring an additional 30 shares in the last quarter. Finally, IPG Investment Advisors LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 568.5% in the 4th quarter. IPG Investment Advisors LLC now owns 6,591 shares of the exchange traded fund’s stock valued at $3,175,000 after purchasing an additional 5,605 shares during the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Price Performance
NYSEARCA:DIA opened at $507.05 on Friday. The firm has a market capitalization of $43.96 billion, a price-to-earnings ratio of 22.20 and a beta of 0.87. The company’s 50-day moving average is $484.53 and its two-hundred day moving average is $484.43. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $418.58 and a 1-year high of $508.74.
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.
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