Capstone Wealth Management Inc. Invests $478,000 in SPDR Dow Jones Industrial Average ETF Trust $DIA

Capstone Wealth Management Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, Holdings Channel reports. The institutional investor bought 994 shares of the exchange traded fund’s stock, valued at approximately $478,000. SPDR Dow Jones Industrial Average ETF Trust comprises approximately 0.4% of Capstone Wealth Management Inc.’s holdings, making the stock its 28th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in DIA. McIlrath & Eck LLC lifted its position in shares of 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 buying an additional 50 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $30,000. Investment Research & Advisory Group Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $34,000. IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $34,000. Finally, Dorato Capital Management acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $37,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA opened at $515.52 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $419.62 and a 1-year high of $524.17. The stock has a market cap of $44.69 billion, a PE ratio of 22.20 and a beta of 0.86. The firm has a fifty day moving average price of $499.77 and a 200 day moving average price of $488.87.

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.