American Trust Invests $587,000 in SPDR Dow Jones Industrial Average ETF Trust $DIA

American Trust purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 1,332 shares of the exchange traded fund’s stock, valued at approximately $587,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Daymark Wealth Partners LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.1% in the 2nd quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $904,000 after buying an additional 23 shares in the last quarter. Hubbell Strickland Wealth Management LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.9% during the 2nd quarter. Hubbell Strickland Wealth Management LLC now owns 885 shares of the exchange traded fund’s stock valued at $390,000 after acquiring an additional 25 shares during the last quarter. Bfsg LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.3% in the second quarter. Bfsg LLC now owns 624 shares of the exchange traded fund’s stock valued at $275,000 after purchasing an additional 26 shares during the period. Roundview Capital LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.7% in the second quarter. Roundview Capital LLC now owns 3,795 shares of the exchange traded fund’s stock valued at $1,672,000 after purchasing an additional 26 shares during the period. Finally, Hudock Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 0.5% during the second quarter. Hudock Inc. now owns 5,705 shares of the exchange traded fund’s stock worth $2,514,000 after purchasing an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA:DIA opened at $485.17 on Tuesday. The firm has a market capitalization of $43.22 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The company’s 50-day moving average is $471.42 and its two-hundred day moving average is $454.86. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $489.66.

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.