Ruggiero Investments Inc. Makes New $3.36 Million Investment in SPDR Dow Jones Industrial Average ETF Trust $DIA

Ruggiero Investments Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 6,990 shares of the exchange traded fund’s stock, valued at approximately $3,359,000. SPDR Dow Jones Industrial Average ETF Trust accounts for 3.0% of Ruggiero Investments Inc.’s investment portfolio, making the stock its 9th biggest position.

A number of other large investors also recently made changes to their positions in DIA. Brighton Jones LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after purchasing an additional 1,116 shares during the period. Bison Wealth LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock worth $1,057,000 after purchasing an additional 118 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 796 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 40 shares during the period. First Trust Advisors LP lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 68.5% during the 2nd quarter. First Trust Advisors LP now owns 1,650 shares of the exchange traded fund’s stock worth $727,000 after purchasing an additional 671 shares during the period. Finally, Gamco Investors INC. ET AL purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth $220,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.8%

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $509.36 on Friday. The firm has a market cap of $44.16 billion, a PE ratio of 22.20 and a beta of 0.86. The business’s fifty day moving average is $494.64 and its two-hundred day moving average is $487.29. 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 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.