Washburn Capital Management Inc. Lowers Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Washburn Capital Management Inc. decreased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.0% during the 2nd quarter, Holdings Channel reports. The firm owned 28,661 shares of the exchange traded fund’s stock after selling 1,495 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up 6.4% of Washburn Capital Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Washburn Capital Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $12,630,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DIA. Goldman Sachs Group Inc. grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after purchasing an additional 904,328 shares during the last quarter. Hancock Prospecting Pty Ltd grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.8% in 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 bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth about $84,348,000. Pinkerton Retirement Specialists LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 199.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock worth $108,088,000 after purchasing an additional 171,476 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings 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 worth $52,424,000 after purchasing an additional 123,184 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA opened at $473.47 on Tuesday. The firm’s 50-day simple moving average is $462.95 and its 200-day simple moving average is $441.80. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $480.39. The firm has a market cap of $42.02 billion, a price-to-earnings ratio of 22.20 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.