Freedom Investment Management Inc. Takes Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Freedom Investment Management Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 3rd quarter, Holdings Channel reports. The fund bought 589 shares of the exchange traded fund’s stock, valued at approximately $249,000.

A number of other hedge funds have also added to or reduced their stakes in DIA. International Assets Investment Management LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock worth $1,439,534,000 after buying an additional 3,394,290 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% during the 2nd quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock valued at $205,450,000 after acquiring an additional 578,707 shares during the period. The Manufacturers Life Insurance Company bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $113,015,000. Mirae Asset Securities USA Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $78,226,000. Finally, Strategic Financial Concepts LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at $67,871,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.5 %

Shares of NYSEARCA DIA opened at $450.09 on Monday. The firm’s 50-day moving average price is $429.99 and its 200-day moving average price is $410.39. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $356.45 and a 1-year high of $451.28.

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.