Sax Wealth Advisors LLC Sells 854 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Sax Wealth Advisors LLC lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 54.2% during the second quarter, Holdings Channel.com reports. The firm owned 723 shares of the exchange traded fund’s stock after selling 854 shares during the quarter. Sax Wealth Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $319,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. POM Investment Strategies LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at about $25,000. Family Legacy Financial Solutions LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at about $28,000. Oliver Lagore Vanvalin Investment Group bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at about $28,000. WPG Advisers LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at about $34,000. Finally, Cornerstone Planning Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at about $36,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $463.50 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $470.38. The stock’s 50-day moving average is $455.42 and its 200 day moving average is $433.50. The company has a market cap of $40.95 billion, a P/E ratio of 22.20 and a beta of 0.94.

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.