Madison Park Capital Advisors LLC Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Madison Park Capital Advisors LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,722 shares of the exchange traded fund’s stock, valued at approximately $2,157,000. SPDR Dow Jones Industrial Average ETF Trust makes up about 2.1% of Madison Park Capital Advisors LLC’s holdings, making the stock its 18th biggest holding.

Several other hedge funds have also recently modified their holdings of DIA. Cetera Trust Company N.A bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $38,000. Avior Wealth Management LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 49.4% in the 3rd quarter. Avior Wealth Management LLC now owns 124 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 41 shares during the period. Grove Bank & Trust raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.1% in the 3rd quarter. Grove Bank & Trust now owns 135 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 64 shares during the period. Legacy Financial Group LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth approximately $50,000. Finally, Archer Investment Corp raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 52.5% in the 3rd quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 62 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.7 %

Shares of NYSEARCA:DIA traded up $2.65 during mid-day trading on Tuesday, reaching $385.02. The company had a trading volume of 3,111,913 shares, compared to its average volume of 3,805,339. The company’s 50-day moving average price is $388.39 and its 200-day moving average price is $370.81. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $323.21 and a one year high of $398.82.

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.