Letson Investment Management Inc. Sells 3,220 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Letson Investment Management Inc. reduced its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 49.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,300 shares of the exchange traded fund’s stock after selling 3,220 shares during the quarter. Letson Investment Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,586,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Milestones Private Investment Advisors LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 1.3% in the fourth quarter. Milestones Private Investment Advisors LLC now owns 1,613 shares of the exchange traded fund’s stock worth $775,000 after purchasing an additional 21 shares during the period. Stonebridge Financial Group LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the third quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock valued at $591,000 after acquiring an additional 22 shares during the period. Centennial Wealth Advisory LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.5% during the third quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock valued at $235,000 after acquiring an additional 22 shares during the period. DAVENPORT & Co LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the fourth quarter. DAVENPORT & Co LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $2,617,000 after acquiring an additional 22 shares during the period. Finally, Valmark Advisers Inc. lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the third quarter. Valmark Advisers Inc. now owns 3,679 shares of the exchange traded fund’s stock valued at $1,706,000 after acquiring an additional 23 shares during the period. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA DIA opened at $491.36 on Wednesday. The stock has a market cap of $44.34 billion, a PE ratio of 22.20 and a beta of 0.88. The business has a fifty day moving average of $478.63 and a two-hundred day moving average of $479.19. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $385.20 and a 52-week high of $505.30.

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.