SPDR Dow Jones Industrial Average ETF Trust Target of Unusually High Options Trading (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the recipient of some unusual options trading on Tuesday. Stock investors purchased 81,667 call options on the company. This is an increase of 54% compared to the typical volume of 53,151 call options.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA:DIA traded down $2.80 during mid-day trading on Tuesday, reaching $435.57. 3,057,623 shares of the stock were exchanged, compared to its average volume of 3,406,654. The business has a fifty day moving average price of $435.12 and a 200 day moving average price of $414.42. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $370.61 and a 1-year high of $451.55.

Institutional Trading of SPDR Dow Jones Industrial Average ETF Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $61,000. Kingsview Wealth Management LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 16.2% during the third quarter. Kingsview Wealth Management LLC now owns 3,250 shares of the exchange traded fund’s stock valued at $1,375,000 after buying an additional 452 shares in the last quarter. Essex Financial Services Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 13.8% in the second quarter. Essex Financial Services Inc. now owns 5,253 shares of the exchange traded fund’s stock worth $2,059,000 after buying an additional 637 shares during the period. Capital Management Associates Inc increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.1% in the second quarter. Capital Management Associates Inc now owns 21,935 shares of the exchange traded fund’s stock worth $8,579,000 after acquiring an additional 447 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 27.6% during the second quarter. Main Street Financial Solutions LLC now owns 7,702 shares of the exchange traded fund’s stock valued at $3,013,000 after acquiring an additional 1,668 shares during the period. 37.11% of the stock is currently 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.