Advisor Resource Council Purchases New Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Advisor Resource Council purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,271 shares of the exchange traded fund’s stock, valued at approximately $3,076,000. SPDR Dow Jones Industrial Average ETF Trust comprises 1.4% of Advisor Resource Council’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Banco Santander S.A. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 224.6% in the 1st quarter. Banco Santander S.A. now owns 1,954 shares of the exchange traded fund’s stock valued at $777,000 after acquiring an additional 1,352 shares during the period. Orion Portfolio Solutions LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 2.8% during the 1st quarter. Orion Portfolio Solutions LLC now owns 5,565 shares of the exchange traded fund’s stock valued at $2,214,000 after purchasing an additional 152 shares during the period. Kingsview Wealth Management LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 9.1% in the 1st quarter. Kingsview Wealth Management LLC now owns 2,867 shares of the exchange traded fund’s stock worth $1,141,000 after purchasing an additional 238 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $61,000. Finally, Essex Financial Services Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 13.8% in the second quarter. Essex Financial Services Inc. now owns 5,253 shares of the exchange traded fund’s stock valued at $2,059,000 after acquiring an additional 637 shares in the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 3.5 %

NYSEARCA:DIA opened at $437.28 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $338.77 and a 52-week high of $437.79. The business’s 50-day moving average price is $420.57 and its 200 day moving average price is $403.84.

SPDR Dow Jones Industrial Average ETF Trust 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.