Traders Buy Large Volume of SPDR Dow Jones Industrial Average ETF Trust Call Options (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the target of unusually large options trading activity on Tuesday. Stock investors purchased 81,667 call options on the stock. This is an increase of 54% compared to the typical daily volume of 53,151 call options.

Institutional Trading of SPDR Dow Jones Industrial Average ETF Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ridgewood Investments LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $26,000. Bull Oak Capital LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $33,000. Wellington Shields Capital Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at about $35,000. HHM Wealth Advisors LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $36,000. Finally, Semmax Financial Advisors Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 99 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 94 shares during the last quarter. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $424.22 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $370.61 and a 52 week high of $451.55. The business has a 50 day moving average price of $435.40 and a 200-day moving average price of $414.83.

SPDR Dow Jones Industrial Average ETF Trust Company 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.