Alkeon Capital Management LLC Buys Shares of 93,900 SPDR Dow Jones Industrial Average ETF Trust $DIA

Alkeon Capital Management LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 93,900 shares of the exchange traded fund’s stock, valued at approximately $45,126,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Milestones Private Investment Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.3% during the 4th quarter. Milestones Private Investment Advisors LLC now owns 1,613 shares of the exchange traded fund’s stock valued at $775,000 after purchasing an additional 21 shares during the period. Guidance Point Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.7% during the 4th quarter. Guidance Point Advisors LLC now owns 1,278 shares of the exchange traded fund’s stock valued at $616,000 after purchasing an additional 21 shares during the period. DAVENPORT & Co LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the 4th quarter. DAVENPORT & Co LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $2,617,000 after purchasing an additional 22 shares during the period. Global Assets Advisory LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.0% during the 4th quarter. Global Assets Advisory LLC now owns 1,143 shares of the exchange traded fund’s stock valued at $549,000 after purchasing an additional 22 shares during the period. Finally, Aptus Capital Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,436 shares of the exchange traded fund’s stock valued at $1,171,000 after purchasing an additional 25 shares during the period. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.0%

SPDR Dow Jones Industrial Average ETF Trust stock opened at $518.44 on Tuesday. The firm has a 50-day moving average price of $496.66 and a two-hundred day moving average price of $487.97. The firm has a market capitalization of $44.94 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $419.62 and a 52-week high of $520.84.

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.