Ruggiero Investments Inc. Buys Shares of 6,990 SPDR Dow Jones Industrial Average ETF Trust $DIA

Ruggiero Investments Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,990 shares of the exchange traded fund’s stock, valued at approximately $3,359,000. SPDR Dow Jones Industrial Average ETF Trust comprises about 3.0% of Ruggiero Investments Inc.’s holdings, making the stock its 9th biggest position.

A number of other large investors have also recently bought and sold shares of the stock. Great Lakes Advisors LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $5,830,000. Banco BTG Pactual S.A. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 4.5% during the 4th quarter. Banco BTG Pactual S.A. now owns 1,173 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 50 shares during the last quarter. Kovack Advisors Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42.4% during the 4th quarter. Kovack Advisors Inc. now owns 15,269 shares of the exchange traded fund’s stock valued at $7,338,000 after buying an additional 4,545 shares during the last quarter. Coastwise Capital Group LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the 4th quarter. Coastwise Capital Group LLC now owns 4,570 shares of the exchange traded fund’s stock valued at $2,196,000 after buying an additional 139 shares during the last quarter. Finally, Empowered Funds LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $219,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $509.36 on Friday. The business’s fifty day moving average price is $494.64 and its two-hundred day moving average price is $487.29. The stock has a market cap of $44.16 billion, a PE ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $419.62 and a one year high of $517.75.

About SPDR Dow Jones Industrial Average ETF Trust

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.