SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by RFG Advisory LLC

RFG Advisory LLC lessened its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 15.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,422 shares of the exchange traded fund’s stock after selling 1,388 shares during the period. RFG Advisory LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,270,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DIA. POM Investment Strategies LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth $25,000. Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth $28,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth $28,000. WPG Advisers LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth $34,000. Finally, Cornerstone Planning Group LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter worth $36,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.4%

NYSEARCA:DIA opened at $462.71 on Wednesday. The company has a market capitalization of $40.78 billion, a PE ratio of 22.20 and a beta of 0.94. The stock has a fifty day simple moving average of $456.62 and a 200-day simple moving average of $434.36. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $470.38.

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.