Country Trust Bank Purchases Shares of 323 SPDR Dow Jones Industrial Average ETF Trust $DIA

Country Trust Bank bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 323 shares of the exchange traded fund’s stock, valued at approximately $142,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIA. Goldman Sachs Group Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 46.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock valued at $1,189,547,000 after buying an additional 904,328 shares during the period. Hancock Prospecting Pty Ltd lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 90.8% during the 1st quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock valued at $356,801,000 after purchasing an additional 404,484 shares during the last quarter. Ameriprise Financial Inc. boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 7.5% during the first quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock worth $249,342,000 after purchasing an additional 41,209 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.9% in the second quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock valued at $218,498,000 after purchasing an additional 64,314 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock valued at $117,544,000 after purchasing an additional 7,927 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $474.35 on Thursday. The stock has a market cap of $42.26 billion, a PE ratio of 22.20 and a beta of 0.91. The firm has a 50-day moving average of $467.27 and a 200-day moving average of $449.42. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $484.39.

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.