Echo45 Advisors LLC Reduces Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Echo45 Advisors LLC lowered its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.7% in the first quarter, HoldingsChannel reports. The firm owned 39,839 shares of the exchange traded fund’s stock after selling 280 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up 11.4% of Echo45 Advisors LLC’s portfolio, making the stock its 3rd largest position. Echo45 Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $15,846,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth $36,000. Cetera Trust Company N.A acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $38,000. Partnership Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at approximately $40,000. Glassman Wealth Services boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 400.0% in the fourth quarter. Glassman Wealth Services now owns 110 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 88 shares in the last quarter. Finally, Security National Bank bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $49,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.0 %

Shares of DIA traded up $0.05 during trading hours on Monday, reaching $391.18. The stock had a trading volume of 2,145,877 shares, compared to its average volume of 3,493,822. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $400.99. The company’s 50-day moving average is $389.32 and its two-hundred day moving average is $385.67.

About SPDR Dow Jones Industrial Average ETF Trust

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.