Pettinga Financial Advisors LLC Has $12.27 Million Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Pettinga Financial Advisors LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 9.2% during the third quarter, Holdings Channel reports. The institutional investor owned 26,468 shares of the exchange traded fund’s stock after acquiring an additional 2,219 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises about 2.4% of Pettinga Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Pettinga Financial Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $12,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIA. Hancock Prospecting Pty Ltd increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 90.8% in the first quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock valued at $356,801,000 after acquiring an additional 404,484 shares during the period. JPMorgan Chase & Co. lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 14.9% during the second quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock worth $218,498,000 after purchasing an additional 64,314 shares during the period. Raymond James Financial Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.0% during the second quarter. Raymond James Financial Inc. now owns 433,334 shares of the exchange traded fund’s stock valued at $190,949,000 after purchasing an additional 8,669 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 281,398 shares of the exchange traded fund’s stock valued at $123,998,000 after purchasing an additional 1,668 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock worth $117,544,000 after buying an additional 7,927 shares in the last quarter. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $483.63 on Friday. The company has a market capitalization of $43.09 billion, a PE ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $489.66. The business has a 50 day simple moving average of $476.74 and a 200 day simple moving average of $460.25.

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.