Sovereign Financial Group Inc. Buys 1,764 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Sovereign Financial Group Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 86.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,800 shares of the exchange traded fund’s stock after buying an additional 1,764 shares during the quarter. Sovereign Financial Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,432,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Cetera Trust Company N.A purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $38,000. Grove Bank & Trust lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.1% during the third quarter. Grove Bank & Trust now owns 135 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 64 shares during the last quarter. Archer Investment Corp increased its position in SPDR Dow Jones Industrial Average ETF Trust by 52.5% during the 3rd quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 62 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 545.9% in the fourth quarter. Sound Income Strategies LLC now owns 239 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 202 shares in the last quarter. Finally, Anchor Investment Management LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $117,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.4 %

SPDR Dow Jones Industrial Average ETF Trust stock traded up $1.74 during trading hours on Wednesday, hitting $390.48. The stock had a trading volume of 2,851,916 shares, compared to its average volume of 3,794,152. The stock’s 50-day moving average price is $387.51 and its 200-day moving average price is $374.11. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $323.21 and a 12-month high of $398.82.

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.