Retirement Financial Solutions LLC Takes $17.02 Million Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Retirement Financial Solutions LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,418 shares of the exchange traded fund’s stock, valued at approximately $17,021,000. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 5.0% of Retirement Financial Solutions LLC’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIA. McIlrath & Eck LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second 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. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $30,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $34,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $34,000. Finally, Dorato Capital Management acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $37,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $513.06 on Monday. The stock has a 50-day moving average price of $495.59 and a 200 day moving average price of $487.64. The firm has a market cap of $44.48 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $419.62 and a 12 month high of $517.75.

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.