Madison Park Capital Advisors LLC Buys Shares of 5,722 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Madison Park Capital Advisors LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent disclosure 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 comprises about 2.1% of Madison Park Capital Advisors LLC’s holdings, making the stock its 18th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Trust Company N.A acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $38,000. Avior Wealth Management LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 49.4% during 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 in the last quarter. Grove Bank & Trust grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.1% during 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 in the last quarter. Legacy Financial Group LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $50,000. Finally, Archer Investment Corp lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 52.5% during the 3rd quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 62 shares during the period. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock traded up $2.65 during midday trading on Tuesday, hitting $385.02. 3,111,913 shares of the company were exchanged, compared to its average volume of 3,805,339. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $323.21 and a 52 week high of $398.82. The firm has a 50 day simple moving average of $388.39 and a 200-day simple moving average of $370.81.

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.