Kovack Advisors Inc. Purchases 4,545 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Kovack Advisors Inc. increased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 42.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,269 shares of the exchange traded fund’s stock after buying an additional 4,545 shares during the period. Kovack Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,338,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Focus Partners Wealth raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,118.2% in the 3rd quarter. Focus Partners Wealth now owns 574,858 shares of the exchange traded fund’s stock valued at $266,593,000 after acquiring an additional 527,669 shares in the last quarter. Two Sigma Investments LP raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 9,051.9% in the third quarter. Two Sigma Investments LP now owns 517,080 shares of the exchange traded fund’s stock valued at $239,791,000 after purchasing an additional 511,430 shares in the last quarter. Capital Wealth Planning LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 2,830.3% in the third quarter. Capital Wealth Planning LLC now owns 463,633 shares of the exchange traded fund’s stock valued at $215,005,000 after purchasing an additional 447,811 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $33,409,000. Finally, Corient Private Wealth LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 105.7% during the second quarter. Corient Private Wealth LLC now owns 131,160 shares of the exchange traded fund’s stock valued at $57,796,000 after purchasing an additional 67,399 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $509.36 on Friday. The firm has a 50 day simple moving average of $494.64 and a two-hundred day simple moving average of $487.29. The stock has a market cap of $44.16 billion, a PE ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $419.62 and a one year high of $517.75.

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.