Mcguire Capital Advisors Inc. Takes Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Mcguire Capital Advisors Inc. acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,050 shares of the exchange traded fund’s stock, valued at approximately $1,466,000. SPDR Dow Jones Industrial Average ETF Trust accounts for 0.9% of Mcguire Capital Advisors Inc.’s investment portfolio, making the stock its 28th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 13.5% during the 4th quarter. HighTower Advisors LLC now owns 106,756 shares of the exchange traded fund’s stock valued at $51,304,000 after acquiring an additional 12,708 shares during the period. Financial Planning Hawaii Inc. bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth $746,000. Clarity Wealth Advisors LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 4.9% in the 4th quarter. Clarity Wealth Advisors LLC now owns 41,107 shares of the exchange traded fund’s stock worth $19,755,000 after purchasing an additional 1,931 shares during the period. Fifth Third Securities Inc. lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 24.3% during the fourth quarter. Fifth Third Securities Inc. now owns 6,672 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 1,304 shares in the last quarter. Finally, American Wealth Advisors LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $1,930,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $515.52 on Friday. The stock has a 50-day simple moving average of $499.77 and a two-hundred day simple moving average of $488.87. The firm has a market capitalization of $44.69 billion, a PE ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $419.62 and a 52-week high of $524.17.

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.