Horizon Wealth Management LLC Has $47.44 Million Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Horizon Wealth Management LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 12.3% during the 1st quarter, HoldingsChannel reports. The firm owned 119,264 shares of the exchange traded fund’s stock after buying an additional 13,049 shares during the period. SPDR Dow Jones Industrial Average ETF Trust comprises 12.4% of Horizon Wealth Management LLC’s holdings, making the stock its 3rd largest position. Horizon Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $47,438,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DIA. Massmutual Trust Co. FSB ADV bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth approximately $36,000. Cetera Trust Company N.A bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth approximately $38,000. Partnership Wealth Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $40,000. Glassman Wealth Services grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 400.0% during the 4th quarter. Glassman Wealth Services now owns 110 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 88 shares during the period. Finally, Security National Bank purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth $49,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock traded up $0.27 during trading on Monday, reaching $391.40. The company had a trading volume of 2,007,805 shares, compared to its average volume of 3,492,717. The firm’s 50-day simple moving average is $389.32 and its 200 day simple moving average is $385.67. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $323.21 and a 52 week high of $400.99.

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.