209,023 Shares in SPDR Dow Jones Industrial Average ETF Trust $DIA Acquired by Align Financial LLC

Align Financial LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 209,023 shares of the exchange traded fund’s stock, valued at approximately $100,450,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 50 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth approximately $30,000. Investment Research & Advisory Group Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth approximately $34,000. IFC & Insurance Marketing Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth approximately $34,000. Finally, Dorato Capital Management bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth approximately $37,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.0%

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $516.30 on Thursday. The stock has a market capitalization of $44.76 billion, a P/E ratio of 22.20 and a beta of 0.86. The stock has a 50 day moving average price of $498.78 and a two-hundred day moving average price of $488.60. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $419.62 and a 12-month high of $524.17.

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.