Gray Wealth Management Inc. Reduces Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Gray Wealth Management Inc. trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,757 shares of the exchange traded fund’s stock after selling 354 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up 0.9% of Gray Wealth Management Inc.’s portfolio, making the stock its 27th biggest holding. Gray Wealth Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,793,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Roman Butler Fullerton & Co. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $891,000. Migdal Insurance & Financial Holdings Ltd. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 15.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,224 shares of the exchange traded fund’s stock worth $2,346,000 after acquiring an additional 813 shares during the last quarter. Sfmg LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $251,000. Tyche Wealth Partners LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $251,000. Finally, Imprint Wealth LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $1,018,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

SPDR Dow Jones Industrial Average ETF Trust stock traded up $0.39 during mid-day trading on Thursday, hitting $377.84. 4,564,533 shares of the company were exchanged, compared to its average volume of 3,793,043. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $323.21 and a 12-month high of $398.82. The business’s 50 day simple moving average is $388.79 and its two-hundred day simple moving average is $369.17.

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.