Tortoise Investment Management LLC Cuts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Tortoise Investment Management LLC reduced its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIAFree Report) by 1.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,592 shares of the exchange traded fund’s stock after selling 146 shares during the period. Tortoise Investment Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $4,369,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 39,254.5% in the 4th quarter. International Assets Investment Management LLC now owns 2,728,056 shares of the exchange traded fund’s stock worth $1,028,122,000 after buying an additional 2,721,124 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 685,608 shares of the exchange traded fund’s stock worth $230,687,000 after buying an additional 12,798 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 313,439 shares of the exchange traded fund’s stock valued at $104,986,000 after acquiring an additional 7,643 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 65.9% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 250,688 shares of the exchange traded fund’s stock valued at $94,477,000 after acquiring an additional 99,604 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 200,659 shares of the exchange traded fund’s stock valued at $75,622,000 after acquiring an additional 5,247 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.1 %

SPDR Dow Jones Industrial Average ETF Trust stock traded down $0.42 during midday trading on Friday, reaching $386.46. The stock had a trading volume of 2,884,306 shares, compared to its average volume of 2,596,310. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $400.99. The firm’s 50-day moving average price is $387.48 and its 200 day moving average price is $383.55.

About SPDR Dow Jones Industrial Average ETF Trust

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIAFree Report).

Institutional Ownership by Quarter for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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