Advisor Resource Council Invests $3.08 Million in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Advisor Resource Council purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 3rd quarter, HoldingsChannel.com reports. 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 approximately 1.4% of Advisor Resource Council’s portfolio, making the stock its 12th largest holding.

Several other institutional investors have also made changes to their positions in DIA. International Assets Investment Management LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock worth $1,439,534,000 after acquiring an additional 3,394,290 shares during the period. SG Americas Securities LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% during the 2nd quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock worth $205,450,000 after purchasing an additional 578,707 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.9% in the 1st quarter. Osaic Holdings Inc. now owns 309,346 shares of the exchange traded fund’s stock worth $123,067,000 after acquiring an additional 22,631 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 291,556 shares of the exchange traded fund’s stock valued at $114,040,000 after buying an additional 5,134 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the second quarter. Commonwealth Equity Services LLC now owns 249,548 shares of the exchange traded fund’s stock worth $97,606,000 after purchasing an additional 1,950 shares in the last quarter. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $437.28 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $338.77 and a twelve month high of $437.79. The business has a fifty day moving average of $420.57 and a 200-day moving average of $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.