Cambridge Investment Research Advisors Inc. Sells 13,469 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Cambridge Investment Research Advisors Inc. reduced its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 115,710 shares of the exchange traded fund’s stock after selling 13,469 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $39,787,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3,500.0% during the 2nd quarter. Sound Income Strategies LLC now owns 72 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 70 shares during the last quarter. Freedom Wealth Alliance LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $25,000. Chilton Capital Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth approximately $26,000. ST Germain D J Co. Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $27,000. Finally, Grove Bank & Trust lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 284.0% during the 1st quarter. Grove Bank & Trust now owns 96 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 71 shares during the last quarter. 32.72% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA traded down $2.31 during mid-day trading on Tuesday, hitting $343.84. 1,701,020 shares of the stock were exchanged, compared to its average volume of 3,341,575. The firm’s 50-day simple moving average is $348.72 and its 200 day simple moving average is $339.21. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $286.62 and a fifty-two week high of $356.70.

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.