Alkeon Capital Management LLC Invests $45.13 Million in SPDR Dow Jones Industrial Average ETF Trust $DIA

Alkeon Capital Management LLC bought a new position in 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 Securities and Exchange Commission. The fund bought 93,900 shares of the exchange traded fund’s stock, valued at approximately $45,126,000. Alkeon Capital Management LLC owned about 0.11% of SPDR Dow Jones Industrial Average ETF Trust as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of DIA. Brighton Jones LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% in the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after purchasing an additional 1,116 shares during the last quarter. Bison Wealth LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after buying an additional 118 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 796 shares of the exchange traded fund’s stock valued at $351,000 after buying an additional 40 shares during the last quarter. First Trust Advisors LP grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 68.5% during the 2nd quarter. First Trust Advisors LP now owns 1,650 shares of the exchange traded fund’s stock valued at $727,000 after buying an additional 671 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $220,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.0%

Shares of NYSEARCA:DIA opened at $518.44 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $419.62 and a fifty-two week high of $520.84. The firm has a 50-day simple moving average of $496.66 and a 200 day simple moving average of $487.97. The company has a market cap of $44.94 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.