Summit Asset Management LLC Lowers Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Summit Asset Management LLC lessened its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 13,249 shares of the exchange traded fund’s stock after selling 354 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for approximately 1.1% of Summit Asset Management LLC’s holdings, making the stock its 20th biggest position. Summit Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,606,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. LRI Investments LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $25,000. Beaird Harris Wealth Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 364.3% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 51 shares during the period. Ridgewood Investments LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at approximately $26,000. Lynx Investment Advisory bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $33,000. Finally, Bull Oak Capital LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $33,000. 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 $439.72 on Thursday. The firm has a fifty day moving average price of $422.64 and a 200 day moving average price of $405.59. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $346.67 and a fifty-two week high of $444.87.

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.