SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stake Lessened by GFS Advisors LLC

GFS Advisors LLC lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,441 shares of the exchange traded fund’s stock after selling 507 shares during the period. GFS Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,544,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. First Trust Advisors LP bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $399,000. Foresight Capital Management Advisors Inc. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the first quarter. Foresight Capital Management Advisors Inc. now owns 9,111 shares of the exchange traded fund’s stock valued at $3,825,000 after purchasing an additional 158 shares during the last quarter. CX Institutional bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at $72,000. Invesco Ltd. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $1,010,000. Finally, Fisher Asset Management LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 57.1% during the fourth quarter. Fisher Asset Management LLC now owns 784 shares of the exchange traded fund’s stock valued at $334,000 after purchasing an additional 285 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $422.84 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $451.55. The firm has a fifty day moving average price of $414.43 and a two-hundred day moving average price of $424.77. The firm has a market cap of $38.35 billion, a price-to-earnings ratio of 22.08 and a beta of 0.91.

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.