Gilpin Wealth Management LLC Purchases Shares of 1,664 SPDR Dow Jones Industrial Average ETF Trust $DIA

Gilpin Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 1,664 shares of the exchange traded fund’s stock, valued at approximately $800,000.

Several other institutional investors have also added to or reduced their stakes in the company. Smithbridge Asset Management Inc. DE boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 99.5% during the 4th quarter. Smithbridge Asset Management Inc. DE now owns 72,131 shares of the exchange traded fund’s stock valued at $34,664,000 after buying an additional 35,981 shares during the period. Signet Private Wealth LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $288,000. J.Safra Asset Management Corp boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 27,900.0% during the 4th quarter. J.Safra Asset Management Corp now owns 9,800 shares of the exchange traded fund’s stock valued at $4,710,000 after buying an additional 9,765 shares during the period. GWN Securities Inc. boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 4th quarter. GWN Securities Inc. now owns 4,720 shares of the exchange traded fund’s stock valued at $2,269,000 after buying an additional 38 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 3.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 60,891 shares of the exchange traded fund’s stock valued at $29,262,000 after buying an additional 2,074 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.8%

NYSEARCA:DIA opened at $500.25 on Thursday. The company has a 50-day moving average price of $493.72 and a 200-day moving average price of $486.96. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $419.62 and a 12 month high of $517.75. The stock has a market cap of $43.37 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86.

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.