Kovack Advisors Inc. Buys 3,334 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Kovack Advisors Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 82.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,389 shares of the exchange traded fund’s stock after acquiring an additional 3,334 shares during the period. Kovack Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,126,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the third quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock valued at $1,439,534,000 after purchasing an additional 3,394,290 shares in the last quarter. SG Americas Securities LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% in the 2nd quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock valued at $205,450,000 after buying an additional 578,707 shares during the period. Osaic Holdings Inc. raised its stake 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 valued at $123,067,000 after buying an additional 22,631 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 291,556 shares of the exchange traded fund’s stock worth $114,040,000 after acquiring an additional 5,134 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the second quarter. Commonwealth Equity Services LLC now owns 249,548 shares of the exchange traded fund’s stock valued at $97,606,000 after acquiring an additional 1,950 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.2 %

NYSEARCA DIA traded up $0.66 during trading on Wednesday, reaching $440.05. 675,787 shares of the company traded hands, compared to its average volume of 3,427,738. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $346.67 and a 1-year high of $444.87. The stock’s 50 day moving average price is $422.64 and its two-hundred day moving average price is $405.59.

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.