Financial Advocates Investment Management Lowers Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Financial Advocates Investment Management trimmed its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,792 shares of the exchange traded fund’s stock after selling 97 shares during the quarter. Financial Advocates Investment Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,181,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. LRI Investments LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter valued at about $25,000. Beaird Harris Wealth Management LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 364.3% in the first quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 51 shares during the period. Ridgewood Investments LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $26,000. Lynx Investment Advisory acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $33,000. Finally, Bull Oak Capital LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $33,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.7 %

SPDR Dow Jones Industrial Average ETF Trust stock opened at $420.42 on Friday. The business’s 50-day moving average price is $419.76 and its 200 day moving average price is $402.67. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $334.41 and a 52 week high of $433.20.

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.