SPDR Dow Jones Industrial Average ETF Trust $DIA is LM Advisors LLC’s 4th Largest Position

LM Advisors LLC lowered its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 52.1% in the 4th quarter, HoldingsChannel reports. The fund owned 17,542 shares of the exchange traded fund’s stock after selling 19,073 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for about 4.9% of LM Advisors LLC’s holdings, making the stock its 4th biggest position. LM Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $8,430,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. McIlrath & Eck LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $30,000. Investment Research & Advisory Group Inc. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $34,000. IFC & Insurance Marketing Inc. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $34,000. Finally, Dorato Capital Management purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.7%

DIA stock opened at $513.06 on Friday. The firm has a market capitalization of $44.48 billion, a PE ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $419.62 and a twelve month high of $517.75. The stock has a 50-day simple moving average of $495.59 and a two-hundred day simple moving average of $487.47.

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.