SPDR Dow Jones Industrial Average ETF Trust Sees Unusually Large Options Volume (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the recipient of some unusual options trading activity on Thursday. Traders acquired 121,350 call options on the stock. This is an increase of 136% compared to the average daily volume of 51,350 call options.

Hedge Funds Weigh In On SPDR Dow Jones Industrial Average ETF Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Elevation Point Wealth Partners LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at about $27,000. McIlrath & Eck LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth $28,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $28,000. Finally, Hollencrest Capital Management grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 60 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA traded up $0.71 during mid-day trading on Thursday, reaching $480.51. 5,945,507 shares of the stock were exchanged, compared to its average volume of 4,295,171. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $489.66. The business’s 50 day moving average is $472.02 and its 200-day moving average is $455.46. The company has a market capitalization of $42.81 billion, a P/E ratio of 22.20 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.