Christopher J. Hasenberg Inc has significantly increased its investment in the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA), raising its stake by **37.0%** in the first quarter of 2023. According to the firm’s most recent **13F filing** with the **Securities and Exchange Commission**, Hasenberg now holds **52,660 shares** of the ETF, having acquired an additional **14,234 shares** during the quarter. This investment represents **9.2%** of Hasenberg’s overall portfolio, making it the firm’s **fifth-largest holding**.
As of the filing, the total value of Hasenberg’s investment in the SPDR Dow Jones Industrial Average ETF Trust stood at **$22,096,000**. The ETF aims to reflect the performance of the **Dow Jones Industrial Average**, which comprises **30 blue-chip stocks** from the United States.
Other Institutional Investments in DIA
Several other institutional investors have also adjusted their positions in the SPDR Dow Jones Industrial Average ETF Trust. **Brighton Jones LLC** increased its stake by **10.2%** during the fourth quarter, bringing its total to **12,054 shares** valued at **$5,129,000** after acquiring an additional **1,116 shares**.
**Assetmark Inc.** raised its holdings by **57.0%**, now owning **1,193 shares** worth **$508,000** following the purchase of an extra **433 shares**. Meanwhile, **Proficio Capital Partners LLC** entered the fray by acquiring a new stake valued at **$13,760,000** during the same period.
**Moors & Cabot Inc.** also expanded its position in the ETF by **9.5%**, now holding **4,458 shares** worth about **$1,897,000** after buying an additional **385 shares**. Additionally, **EverSource Wealth Advisors LLC** increased its stake by **37.1%**, owning **1,751 shares** valued at **$745,000** after purchasing **474 shares**.
Institutional investors and hedge funds collectively own **37.11%** of the shares in the SPDR Dow Jones Industrial Average ETF Trust, highlighting the fund’s popularity among large investment firms.
Market Performance of SPDR Dow Jones ETF
On Friday, shares of NYSEARCA:DIA opened at **$446.50**, reflecting a **0.4%** increase. The ETF has a market capitalization of **$39.56 billion**, with a price-to-earnings (P/E) ratio of **22.20** and a beta of **0.94**, indicating lower volatility compared to the broader market. The fund’s performance has shown a **52-week low** of **$366.32** and a **52-week high** of **$451.55**.
The SPDR Dow Jones Industrial Average ETF Trust maintains a **50-day simple moving average** of **$426.99** and a **200-day simple moving average** of **$424.58**, suggesting a positive trend in its trading performance.
The SPDR Dow Jones Industrial Average ETF Trust serves as a unit investment trust, issuing trust units that aim to provide investment results that align closely with the price and yield performance of the Dow Jones Industrial Average.
For those interested in tracking the movements and holdings of this ETF, regular updates can be found through platforms like HoldingsChannel.com, which provides insights into recent **13F filings** and insider trades.