Sequoia Financial Advisors LLC Sells 62 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Sequoia Financial Advisors LLC lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,056 shares of the exchange traded fund’s stock after selling 62 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LRI Investments LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth $25,000. Beaird Harris Wealth Management LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 364.3% in the first quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. YHB Investment Advisors Inc. bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth $33,000. Lynx Investment Advisory acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at about $33,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at approximately $36,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock traded up $2.79 on Tuesday, hitting $396.56. The stock had a trading volume of 1,757,965 shares, compared to its average volume of 3,547,324. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $323.21 and a 12-month high of $413.86. The business has a 50 day moving average of $395.25 and a 200 day moving average of $390.71.

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.