Arkansas Financial Group Inc. Sells 7,889 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Arkansas Financial Group Inc. cut its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 222,877 shares of the exchange traded fund’s stock after selling 7,889 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 15.4% of Arkansas Financial Group Inc.’s holdings, making the stock its biggest position. Arkansas Financial Group Inc. owned 0.25% of SPDR Dow Jones Industrial Average ETF Trust worth $104,197,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of DIA. Stonebridge Financial Group LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock worth $591,000 after buying an additional 22 shares during the period. Centennial Wealth Advisory LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.5% in the third quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock worth $235,000 after buying an additional 22 shares during the period. Daymark Wealth Partners LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% in the second quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock worth $904,000 after acquiring an additional 23 shares in the last quarter. Abound Wealth Management raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 9.5% during the third quarter. Abound Wealth Management now owns 266 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 23 shares during the period. Finally, Valmark Advisers Inc. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the third quarter. Valmark Advisers Inc. now owns 3,679 shares of the exchange traded fund’s stock valued at $1,706,000 after acquiring an additional 23 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $495.02 on Friday. The firm has a 50 day simple moving average of $478.38 and a 200 day simple moving average of $462.62. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $366.32 and a 52 week high of $496.25. The company has a market cap of $45.78 billion, a PE ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust 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.