Founders Financial Alliance LLC Boosts Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Founders Financial Alliance LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,181 shares of the exchange traded fund’s stock after acquiring an additional 138 shares during the period. SPDR Dow Jones Industrial Average ETF Trust comprises 0.9% of Founders Financial Alliance LLC’s holdings, making the stock its 20th biggest position. Founders Financial Alliance LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,200,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% in the second quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock valued at $205,450,000 after purchasing an additional 578,707 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $101,424,000. Mirae Asset Securities USA Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth about $78,226,000. Strategic Financial Concepts LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $67,871,000. Finally, Pinkerton Retirement Specialists LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at approximately $31,512,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $423.07 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $426.20. The stock’s 50 day simple moving average is $408.54 and its two-hundred day simple moving average is $397.03.

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.