SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 53.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,525 shares of the exchange traded fund’s stock after selling 2,934 shares during the quarter. Hsbc Holdings PLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,213,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $30,000. Investment Research & Advisory Group Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $34,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $34,000. Finally, Dorato Capital Management acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $522.40 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $433.40 and a 12 month high of $526.72. The stock has a market capitalization of $45.44 billion, a P/E ratio of 22.20 and a beta of 0.86. The business has a 50 day simple moving average of $505.86 and a 200-day simple moving average of $491.40.

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.