SPDR Dow Jones Industrial Average ETF Trust Sees Unusually Large Options Volume (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the recipient of unusually large options trading on Thursday. Traders acquired 121,350 call options on the stock. This represents an increase of approximately 136% compared to the typical volume of 51,350 call options.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock traded up $0.71 during trading hours on Thursday, reaching $480.51. The company had a trading volume of 5,945,507 shares, compared to its average volume of 4,295,171. The business has a fifty day moving average price of $472.02 and a 200-day moving average price of $455.46. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $489.66. The firm has a market cap of $42.81 billion, a PE ratio of 22.20 and a beta of 0.91.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at $27,000. McIlrath & Eck LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $28,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $28,000. Finally, Hollencrest Capital Management raised its position in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 60 shares during the period. 37.11% of the stock is owned by institutional investors.

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.