Arkansas Financial Group Inc. Has $103.49 Million Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Arkansas Financial Group Inc. cut its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 215,351 shares of the exchange traded fund’s stock after selling 10,833 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 14.9% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its largest holding. Arkansas Financial Group Inc. owned about 0.23% of SPDR Dow Jones Industrial Average ETF Trust worth $103,491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. McIlrath & Eck LLC raised its stake in 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 valued at $27,000 after buying an additional 50 shares during the last quarter. Cornerstone Planning Group LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at $32,000. Investment Research & Advisory Group Inc. acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $34,000. Dorato Capital Management acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $37,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $38,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $493.00 on Friday. The stock’s fifty day moving average price is $478.47 and its 200 day moving average price is $479.40. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $393.80 and a 1 year high of $505.30. The company has a market cap of $46.21 billion, a price-to-earnings ratio of 22.20 and a beta of 0.88.

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.