LM Advisors LLC Lowers Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

LM Advisors LLC trimmed its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 52.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 comprises approximately 4.9% of LM Advisors LLC’s investment portfolio, making the stock its 4th largest holding. LM Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $8,430,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in DIA. McIlrath & Eck LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 50 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $30,000. Investment Research & Advisory Group Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $34,000. IFC & Insurance Marketing Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $34,000. Finally, Dorato Capital Management purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $37,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $513.06 on Friday. The business has a 50-day moving average of $495.59 and a 200 day moving average of $487.47. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $419.62 and a fifty-two week high of $517.75. The firm has a market cap of $44.48 billion, a P/E ratio of 22.20 and a beta of 0.86.

About SPDR Dow Jones Industrial Average ETF Trust

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.