SPDR Dow Jones Industrial Average ETF Trust Sees Unusually High Options Volume (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) saw some unusual options trading on Tuesday. Investors purchased 73,260 put options on the company. This represents an increase of approximately 30% compared to the average volume of 56,192 put options.

Hedge Funds Weigh In On SPDR Dow Jones Industrial Average ETF Trust

Several hedge funds and other institutional investors have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 10.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,536 shares of the exchange traded fund’s stock worth $611,000 after purchasing an additional 151 shares in the last quarter. LRI Investments LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth about $25,000. Waverly Advisors LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 8.3% during the 1st quarter. Waverly Advisors LLC now owns 4,062 shares of the exchange traded fund’s stock valued at $1,616,000 after acquiring an additional 310 shares during the period. Ancora Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the first quarter. Ancora Advisors LLC now owns 4,528 shares of the exchange traded fund’s stock worth $1,801,000 after acquiring an additional 50 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 6.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 16,238 shares of the exchange traded fund’s stock worth $6,459,000 after purchasing an additional 951 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.3 %

SPDR Dow Jones Industrial Average ETF Trust stock traded up $1.32 during mid-day trading on Tuesday, reaching $448.88. 3,995,258 shares of the company traded hands, compared to its average volume of 3,456,250. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $352.78 and a 52-week high of $449.33. The firm’s 50 day moving average price is $427.61 and its 200 day moving average price is $408.91.

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.