SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 24.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,961 shares of the exchange traded fund’s stock after acquiring an additional 785 shares during the period. Kovack Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 39,254.5% during the fourth quarter. International Assets Investment Management LLC now owns 2,728,056 shares of the exchange traded fund’s stock worth $1,028,122,000 after purchasing an additional 2,721,124 shares during the last quarter. Ameriprise Financial Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.9% during the third quarter. Ameriprise Financial Inc. now owns 685,608 shares of the exchange traded fund’s stock worth $230,687,000 after buying an additional 12,798 shares during the period. Envestnet Asset Management Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.5% during the third quarter. Envestnet Asset Management Inc. now owns 313,439 shares of the exchange traded fund’s stock worth $104,986,000 after buying an additional 7,643 shares during the period. Commonwealth Equity Services LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.7% during the third quarter. Commonwealth Equity Services LLC now owns 246,227 shares of the exchange traded fund’s stock worth $82,474,000 after buying an additional 1,702 shares during the period. Finally, Arkansas Financial Group Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.3% during the third quarter. Arkansas Financial Group Inc. now owns 232,214 shares of the exchange traded fund’s stock worth $77,780,000 after buying an additional 645 shares during the period. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA traded up $1.39 during trading on Friday, hitting $382.31. 4,252,374 shares of the company’s stock were exchanged, compared to its average volume of 4,038,479. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year high of $398.82. The stock has a 50 day moving average price of $388.17 and a 200 day moving average price of $371.30.

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.