Sovran Advisors LLC Grows Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Sovran Advisors LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 121.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,158 shares of the exchange traded fund’s stock after acquiring an additional 1,730 shares during the period. Sovran Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,562,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in DIA. First Horizon Corp bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $5,101,000. Ashton Thomas Private Wealth LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 47.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock worth $2,513,000 after buying an additional 1,742 shares during the period. Benjamin Edwards Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 55.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock worth $1,683,000 after buying an additional 1,295 shares during the period. Melone Private Wealth LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.0% in the 3rd quarter. Melone Private Wealth LLC now owns 31,198 shares of the exchange traded fund’s stock worth $14,468,000 after buying an additional 2,840 shares in the last quarter. Finally, Bank of Nova Scotia purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth $104,617,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA:DIA opened at $465.06 on Monday. The business’s 50-day simple moving average is $481.37 and its two-hundred day simple moving average is $477.56. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $366.32 and a 52 week high of $505.30. The stock has a market cap of $41.87 billion, a PE ratio of 22.20 and a beta of 0.91.

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.