Pettinga Financial Advisors LLC Reduces Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Pettinga Financial Advisors LLC lessened its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.7% during the 4th quarter, HoldingsChannel reports. The fund owned 13,479 shares of the exchange traded fund’s stock after selling 375 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises approximately 1.4% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 21st biggest holding. Pettinga Financial Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of DIA. Moneta Group Investment Advisors LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 102,891.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,216,784 shares of the exchange traded fund’s stock worth $3,385,127,000 after acquiring an additional 10,206,864 shares during the last quarter. Morgan Stanley boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.0% during the 4th quarter. Morgan Stanley now owns 3,700,255 shares of the exchange traded fund’s stock worth $1,226,006,000 after acquiring an additional 510,953 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 184.5% during the 1st quarter. JPMorgan Chase & Co. now owns 162,935 shares of the exchange traded fund’s stock worth $54,195,000 after acquiring an additional 355,824 shares during the last quarter. Total Investment Management Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth $52,004,000. Finally, Barclays PLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 442.3% during the 2nd quarter. Barclays PLC now owns 149,376 shares of the exchange traded fund’s stock worth $51,364,000 after acquiring an additional 121,831 shares during 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 Up 1.2 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock traded up $4.71 on Wednesday, hitting $397.56. 4,424,141 shares of the company’s stock were exchanged, compared to its average volume of 3,685,887. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $322.84 and a 1 year high of $398.82. The company has a 50-day simple moving average of $386.70 and a 200-day simple moving average of $364.23.

SPDR Dow Jones Industrial Average ETF Trust Company 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.