Lynch Investment Planning LLC Takes Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Lynch Investment Planning LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, Holdings Channel.com reports. The fund acquired 9,097 shares of the exchange traded fund’s stock, valued at approximately $4,381,000. SPDR Dow Jones Industrial Average ETF Trust accounts for 4.2% of Lynch Investment Planning LLC’s holdings, making the stock its 9th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HighTower Advisors LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 13.5% during the 4th quarter. HighTower Advisors LLC now owns 106,756 shares of the exchange traded fund’s stock worth $51,304,000 after buying an additional 12,708 shares during the last quarter. Financial Planning Hawaii Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $746,000. Clarity Wealth Advisors LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.9% in the 4th quarter. Clarity Wealth Advisors LLC now owns 41,107 shares of the exchange traded fund’s stock worth $19,755,000 after buying an additional 1,931 shares in the last quarter. Fifth Third Securities Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 24.3% during the fourth quarter. Fifth Third Securities Inc. now owns 6,672 shares of the exchange traded fund’s stock worth $3,206,000 after acquiring an additional 1,304 shares during the last quarter. Finally, American Wealth Advisors LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $1,930,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.2%

DIA opened at $515.52 on Friday. The business’s fifty day simple moving average is $499.77 and its 200 day simple moving average is $488.87. The firm has a market cap of $44.69 billion, a P/E 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 $524.17.

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.