Meritage Portfolio Management Trims Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Meritage Portfolio Management cut its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 16.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,681 shares of the exchange traded fund’s stock after selling 324 shares during the quarter. Meritage Portfolio Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $634,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 39,254.5% in the 4th quarter. International Assets Investment Management LLC now owns 2,728,056 shares of the exchange traded fund’s stock worth $1,028,122,000 after purchasing an additional 2,721,124 shares in the last quarter. Horizon Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $33,857,000. Atlas Private Wealth Advisors acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $22,541,000. Trilogy Capital Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $20,054,000. Finally, Corient Private Wealth LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 163.9% during the 3rd quarter. Corient Private Wealth LLC now owns 61,119 shares of the exchange traded fund’s stock worth $20,472,000 after acquiring an additional 37,960 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock traded up $1.96 on Friday, hitting $382.88. The company’s stock had a trading volume of 3,457,877 shares, compared to its average volume of 3,807,985. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year high of $398.82. The firm has a fifty day moving average price of $388.25 and a 200-day moving average price of $370.98.

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.