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

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the target of unusually large options trading activity on Friday. Stock investors acquired 61,335 put options on the stock. This represents an increase of approximately 24% compared to the average daily volume of 49,653 put options.

Institutional Trading of SPDR Dow Jones Industrial Average ETF Trust

Several institutional investors have recently added to or reduced their stakes in DIA. Elevation Point Wealth Partners LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $27,000. McIlrath & Eck LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 50 shares during the last quarter. Family Legacy Financial Solutions LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at approximately $28,000. Oliver Lagore Vanvalin Investment Group acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at approximately $28,000. Finally, Hollencrest Capital Management grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 60 shares during the last quarter. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $485.40 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $489.66. The firm’s fifty day moving average price is $471.05 and its 200 day moving average price is $454.19. The company has a market capitalization of $43.24 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

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.