Capstone Wealth Management Inc. Makes New $478,000 Investment in SPDR Dow Jones Industrial Average ETF Trust $DIA

Capstone Wealth Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 994 shares of the exchange traded fund’s stock, valued at approximately $478,000. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 0.4% of Capstone Wealth Management Inc.’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Milestones Private Investment Advisors LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.3% during the fourth quarter. Milestones Private Investment Advisors LLC now owns 1,613 shares of the exchange traded fund’s stock worth $775,000 after buying an additional 21 shares during the period. Guidance Point Advisors LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.7% in the fourth quarter. Guidance Point Advisors LLC now owns 1,278 shares of the exchange traded fund’s stock worth $616,000 after acquiring an additional 21 shares during the last quarter. First Manhattan CO. LLC. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.6% during the 4th quarter. First Manhattan CO. LLC. now owns 821 shares of the exchange traded fund’s stock worth $395,000 after acquiring an additional 21 shares in the last quarter. DAVENPORT & Co LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the 4th quarter. DAVENPORT & Co LLC now owns 5,445 shares of the exchange traded fund’s stock worth $2,617,000 after acquiring an additional 22 shares in the last quarter. Finally, Global Assets Advisory LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.0% during the 4th quarter. Global Assets Advisory LLC now owns 1,143 shares of the exchange traded fund’s stock worth $549,000 after acquiring an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.2%

Shares of NYSEARCA:DIA opened at $515.52 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $419.62 and a 52 week high of $524.17. The company’s 50 day moving average is $499.77 and its two-hundred day moving average is $488.87. The company has a market cap of $44.69 billion, a PE ratio of 22.20 and a beta of 0.86.

SPDR Dow Jones Industrial Average ETF Trust 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.