Washburn Capital Management Inc. Sells 1,166 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Washburn Capital Management Inc. cut its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 25,632 shares of the exchange traded fund’s stock after selling 1,166 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 6.8% of Washburn Capital Management Inc.’s holdings, making the stock its 4th largest holding. Washburn Capital Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $12,318,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. McIlrath & Eck LLC increased 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 worth $27,000 after purchasing an additional 50 shares during the last quarter. Hollencrest Capital Management increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the 2nd quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 60 shares during the last quarter. Cornerstone Planning Group LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $32,000. Investment Research & Advisory Group Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $34,000. Finally, Dorato Capital Management purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $37,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 2.9%

DIA stock opened at $479.16 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $372.04 and a 52-week high of $505.30. The stock’s 50 day moving average is $480.12 and its two-hundred day moving average is $477.62. The company has a market capitalization of $43.14 billion, a PE ratio of 22.20 and a beta of 0.90.

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.