Optivise Advisory Services LLC Increases Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Optivise Advisory Services LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,314 shares of the exchange traded fund’s stock after acquiring an additional 473 shares during the period. Optivise Advisory Services LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,410,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tower Research Capital LLC TRC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,408.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 127,386 shares of the exchange traded fund’s stock valued at $54,203,000 after purchasing an additional 118,942 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 21.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 363 shares of the exchange traded fund’s stock worth $155,000 after buying an additional 63 shares in the last quarter. MYDA Advisors LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $7,659,000. First Trust Advisors LP purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $399,000. Finally, Freedom Investment Management Inc. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 3.9% in the 4th quarter. Freedom Investment Management Inc. now owns 612 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 23 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.4 %

NYSEARCA:DIA opened at $391.36 on Monday. The stock has a market cap of $34.04 billion, a P/E ratio of 21.45 and a beta of 0.91. The business’s 50-day moving average price is $418.66 and its two-hundred day moving average price is $429.11. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $451.55.

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.