SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) is Arkansas Financial Group Inc.’s Largest Position

Arkansas Financial Group Inc. trimmed its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 231,569 shares of the exchange traded fund’s stock after selling 1,605 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 15.9% of Arkansas Financial Group Inc.’s holdings, making the stock its biggest position. Arkansas Financial Group Inc. owned approximately 0.27% of SPDR Dow Jones Industrial Average ETF Trust worth $79,625,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Jacobi Capital Management LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 15.9% during the first quarter. Jacobi Capital Management LLC now owns 2,029 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 278 shares in the last quarter. Schroder Investment Management Group purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $1,425,000. Chicago Partners Investment Group LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth $521,000. Eudaimonia Advisors LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth $1,212,000. Finally, Capital Investment Advisory Services LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.0% in the first quarter. Capital Investment Advisory Services LLC now owns 4,429 shares of the exchange traded fund’s stock valued at $1,473,000 after acquiring an additional 46 shares during the period. 32.72% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA traded down $2.87 during trading on Friday, hitting $346.14. 3,581,669 shares of the company were exchanged, compared to its average volume of 3,358,057. The firm’s fifty day moving average price is $348.72 and its 200 day moving average price is $339.13. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $286.62 and a 1 year 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.