SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Hits New 12-Month High at $418.82

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $418.82 and last traded at $418.82, with a volume of 10302 shares. The stock had previously closed at $417.38.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

The business’s 50 day simple moving average is $405.82 and its 200 day simple moving average is $395.16.

Hedge Funds Weigh In On SPDR Dow Jones Industrial Average ETF Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% during the second quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock worth $205,450,000 after acquiring an additional 578,707 shares in the last quarter. Global Assets Advisory LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth about $101,424,000. Mirae Asset Securities USA Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $78,226,000. Strategic Financial Concepts LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $67,871,000. Finally, Sanctuary Advisors LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $59,988,000. Institutional investors own 37.11% of the company’s stock.

About SPDR Dow Jones Industrial Average ETF Trust

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.