Sovereign Financial Group Inc. Increases Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Sovereign Financial Group Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,557 shares of the exchange traded fund’s stock after acquiring an additional 233 shares during the quarter. Sovereign Financial Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,127,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 37,327 shares of the exchange traded fund’s stock worth $16,448,000 after acquiring an additional 888 shares during the last quarter. Cerro Pacific Wealth Advisors LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 692.9% during the 2nd quarter. Cerro Pacific Wealth Advisors LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $1,667,000 after buying an additional 3,305 shares in the last quarter. Johnson Investment Counsel Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.5% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 14,785 shares of the exchange traded fund’s stock valued at $6,515,000 after buying an additional 503 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 38.7% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 735 shares of the exchange traded fund’s stock valued at $324,000 after buying an additional 205 shares in the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.9%

DIA stock opened at $454.87 on Friday. The firm has a market capitalization of $40.18 billion, a PE ratio of 22.20 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $470.38. The stock has a 50-day simple moving average of $455.81 and a two-hundred day simple moving average of $433.77.

About SPDR Dow Jones Industrial Average ETF Trust

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.