D.A. Davidson & CO. Has $5.95 Million Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

D.A. Davidson & CO. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 104.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 15,797 shares of the exchange traded fund’s stock after buying an additional 8,066 shares during the period. D.A. Davidson & CO.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,953,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Cetera Trust Company N.A bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $38,000. Partnership Wealth Management LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $40,000. Archer Investment Corp grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 52.5% in the third quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 62 shares in the last quarter. EdgeRock Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $77,000. Finally, Sound Income Strategies LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 545.9% during the fourth quarter. Sound Income Strategies LLC now owns 239 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 202 shares in the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $396.74 on Thursday. The stock’s fifty day moving average price is $389.12 and its two-hundred day moving average price is $378.82. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year high of $400.99.

SPDR Dow Jones Industrial Average ETF Trust Company Profile

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.