Grantvest Financial Group LLC Cuts Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Grantvest Financial Group LLC decreased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,290 shares of the exchange traded fund’s stock after selling 67 shares during the period. Grantvest Financial Group LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $542,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 95.8% during the 1st quarter. GAMMA Investing LLC now owns 280 shares of the exchange traded fund’s stock worth $118,000 after acquiring an additional 137 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.6% during the 1st quarter. Bessemer Group Inc. now owns 1,314 shares of the exchange traded fund’s stock worth $552,000 after acquiring an additional 70 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $399,000. CX Institutional purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth $72,000. Finally, Foresight Capital Management Advisors Inc. raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 1st quarter. Foresight Capital Management Advisors Inc. now owns 9,111 shares of the exchange traded fund’s stock valued at $3,825,000 after purchasing an additional 158 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.4%

NYSEARCA:DIA opened at $444.76 on Thursday. The business’s 50-day simple moving average is $434.44 and its two-hundred day simple moving average is $426.33. The stock has a market cap of $38.18 billion, a PE ratio of 22.20 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $366.32 and a 52 week high of $451.55.

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.