Sowell Financial Services LLC Sells 376 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Sowell Financial Services LLC lessened its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,526 shares of the exchange traded fund’s stock after selling 376 shares during the period. Sowell Financial Services LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,359,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $195,249,000. Wealthfront Advisers LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after buying an additional 411,579 shares during the period. AIA Group Ltd increased its position in SPDR Dow Jones Industrial Average ETF Trust by 246.5% in the 4th quarter. AIA Group Ltd now owns 356,075 shares of the exchange traded fund’s stock valued at $151,510,000 after buying an additional 253,320 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 131.9% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 391,575 shares of the exchange traded fund’s stock worth $168,377,000 after buying an additional 222,755 shares during the period. Finally, Private Advisor Group LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 106.1% during the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after buying an additional 145,050 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $422.81 on Monday. The stock’s 50 day simple moving average is $412.76 and its 200 day simple moving average is $424.96. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $451.55. The company has a market cap of $38.34 billion, a P/E ratio of 22.08 and a beta of 0.91.

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.