LJI Wealth Management LLC Invests $489,000 in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

LJI Wealth Management LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,250 shares of the exchange traded fund’s stock, valued at approximately $489,000.

Several other hedge funds have also bought and sold shares of the stock. LRI Investments LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth about $25,000. Beaird Harris Wealth Management LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 364.3% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 51 shares during the period. Ridgewood Investments LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $26,000. YHB Investment Advisors Inc. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at approximately $33,000. Finally, Lynx Investment Advisory bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth approximately $33,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $416.28 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $323.21 and a one year high of $421.00. The company’s fifty day moving average price is $405.82 and its 200-day moving average price is $395.16.

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.