Sovereign Financial Group Inc. Sells 2,045 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Sovereign Financial Group Inc. lowered its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 44.0% in the third quarter, Holdings Channel reports. The institutional investor owned 2,605 shares of the exchange traded fund’s stock after selling 2,045 shares during the period. Sovereign Financial Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,102,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Atomi Financial Group Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 8.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 6,956 shares of the exchange traded fund’s stock valued at $2,943,000 after purchasing an additional 529 shares during the period. Lbmc Investment Advisors LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 38.4% in the third quarter. Lbmc Investment Advisors LLC now owns 1,294 shares of the exchange traded fund’s stock valued at $547,000 after buying an additional 359 shares during the period. Dynamic Advisor Solutions LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 138.4% during the third quarter. Dynamic Advisor Solutions LLC now owns 7,302 shares of the exchange traded fund’s stock worth $3,090,000 after buying an additional 4,239 shares in the last quarter. Callan Family Office LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth approximately $212,000. Finally, Greenfield Savings Bank increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 9.8% during the 3rd quarter. Greenfield Savings Bank now owns 5,953 shares of the exchange traded fund’s stock worth $2,519,000 after acquiring an additional 530 shares during the period. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.3 %

NYSEARCA:DIA opened at $420.78 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $323.21 and a fifty-two week high of $426.20. The stock has a fifty day moving average price of $410.40 and a 200-day moving average price of $398.07.

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.