SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Redwood Financial Network Corp

Redwood Financial Network Corp decreased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,229 shares of the exchange traded fund’s stock after selling 74 shares during the period. Redwood Financial Network Corp’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $523,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 650.0% in the fourth quarter. Legacy Investment Solutions LLC now owns 60 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 52 shares during the period. American Capital Advisory LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $43,000. Nemes Rush Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $50,000. Finally, Crews Bank & Trust purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $53,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA opened at $420.55 on Thursday. The firm has a 50-day simple moving average of $407.86 and a two-hundred day simple moving average of $426.67. The stock has a market cap of $38.41 billion, a PE ratio of 22.17 and a beta of 0.92. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $451.55.

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.