Summit Asset Management LLC Has $5.71 Million Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Summit Asset Management LLC reduced its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,968 shares of the exchange traded fund’s stock after selling 127 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 0.9% of Summit Asset Management LLC’s investment portfolio, making the stock its 25th biggest position. Summit Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,714,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Goldman Sachs Group Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% in the 1st 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 purchasing an additional 904,328 shares during the last quarter. Hancock Prospecting Pty Ltd boosted its stake in 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. Kingstone Capital Partners Texas LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $84,348,000. Pinkerton Retirement Specialists LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 199.5% during the first quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock worth $108,088,000 after acquiring an additional 171,476 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 7,182.7% during the first quarter. Hsbc Holdings PLC now owns 124,899 shares of the exchange traded fund’s stock worth $52,424,000 after acquiring an additional 123,184 shares in the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.1%

DIA opened at $469.86 on Friday. The company has a market cap of $41.86 billion, a P/E ratio of 22.20 and a beta of 0.91. The company’s 50 day moving average is $464.15 and its 200-day moving average is $443.74. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $480.39.

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.