Arwa LLC Acquires Shares of 1,500 SPDR Dow Jones Industrial Average ETF Trust $DIA

Arwa LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,500 shares of the exchange traded fund’s stock, valued at approximately $721,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. KW Wealth Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.5% during the 4th quarter. KW Wealth Management LLC now owns 9,096 shares of the exchange traded fund’s stock valued at $4,372,000 after purchasing an additional 220 shares during the last quarter. MidFirst Bank bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $1,595,000. Stone Wealth Partners purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $1,033,000. Lynch Investment Planning LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $4,381,000. Finally, Capstone Wealth Management Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $478,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $515.52 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $419.62 and a fifty-two week high of $524.17. The business has a 50-day simple moving average of $500.50 and a two-hundred day simple moving average of $489.05. The firm has a market cap of $44.69 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86.

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.