Kaizen Financial Strategies Sells 468 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Kaizen Financial Strategies reduced its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 9.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 4,571 shares of the exchange traded fund’s stock after selling 468 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises about 1.0% of Kaizen Financial Strategies’ holdings, making the stock its 20th largest position. Kaizen Financial Strategies’ holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,014,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock valued at $1,189,547,000 after acquiring an additional 904,328 shares during the period. Hancock Prospecting Pty Ltd raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 90.8% during the 1st quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock worth $356,801,000 after purchasing an additional 404,484 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $84,348,000. Hsbc Holdings PLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,182.7% in the 1st quarter. Hsbc Holdings PLC now owns 124,899 shares of the exchange traded fund’s stock valued at $52,424,000 after purchasing an additional 123,184 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $45,828,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $482.76 on Thursday. The company’s 50 day simple moving average is $465.61 and its 200 day simple moving average is $445.40. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $484.40. The firm has a market capitalization of $43.01 billion, a P/E ratio of 22.20 and a beta of 0.91.

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.