Hubbell Strickland Wealth Management LLC Acquires Shares of 659 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Hubbell Strickland Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 2nd quarter, Holdings Channel reports. The fund acquired 659 shares of the exchange traded fund’s stock, valued at approximately $227,000.

Several other large investors also recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 102,891.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,216,784 shares of the exchange traded fund’s stock valued at $3,385,127,000 after purchasing an additional 10,206,864 shares during the period. Morgan Stanley grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.0% in the 4th quarter. Morgan Stanley now owns 3,700,255 shares of the exchange traded fund’s stock valued at $1,226,006,000 after purchasing an additional 510,953 shares during the last quarter. Barclays PLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 586.5% in the 4th quarter. Barclays PLC now owns 494,464 shares of the exchange traded fund’s stock valued at $163,831,000 after purchasing an additional 422,442 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 184.5% in the 1st quarter. JPMorgan Chase & Co. now owns 162,935 shares of the exchange traded fund’s stock valued at $54,195,000 after purchasing an additional 355,824 shares during the last quarter. Finally, Total Investment Management Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at approximately $52,004,000. Institutional investors and hedge funds own 32.72% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock traded down $2.28 during trading hours on Tuesday, reaching $343.87. 933,040 shares of the company’s stock were exchanged, compared to its average volume of 3,337,083. The company’s 50 day moving average is $348.72 and its two-hundred day moving average is $339.21. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $286.62 and a 1 year high of $356.70.

SPDR Dow Jones Industrial Average ETF Trust 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.