Meridian Wealth Management LLC Decreases Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Meridian Wealth Management LLC trimmed its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 13.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,621 shares of the exchange traded fund’s stock after selling 1,900 shares during the period. Meridian Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,065,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. McIlrath & Eck LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 50 shares during the last quarter. Cornerstone Planning Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $32,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth approximately $34,000. Dorato Capital Management acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth approximately $37,000. Finally, Elevated Capital Advisors LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $38,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.2%

Shares of NYSEARCA DIA opened at $497.11 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $413.83 and a 12-month high of $505.30. The stock has a market cap of $43.09 billion, a PE ratio of 22.20 and a beta of 0.87. The company has a 50-day moving average of $478.44 and a 200 day moving average of $481.79.

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.