Checchi Capital Advisers LLC Decreases Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Checchi Capital Advisers LLC lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 43.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 685 shares of the exchange traded fund’s stock after selling 536 shares during the quarter. Checchi Capital Advisers LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $236,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Moneta Group Investment Advisors LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 102,891.8% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,216,784 shares of the exchange traded fund’s stock valued at $3,385,127,000 after purchasing an additional 10,206,864 shares in the last quarter. Morgan Stanley raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.0% in the 4th quarter. Morgan Stanley now owns 3,700,255 shares of the exchange traded fund’s stock valued at $1,226,006,000 after purchasing an additional 510,953 shares in the last quarter. LPL Financial LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.8% in the 2nd quarter. LPL Financial LLC now owns 1,234,030 shares of the exchange traded fund’s stock valued at $424,321,000 after purchasing an additional 56,124 shares in the last quarter. Royal Bank of Canada raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 15.7% in the 1st quarter. Royal Bank of Canada now owns 655,063 shares of the exchange traded fund’s stock valued at $227,195,000 after purchasing an additional 89,046 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 67,213.9% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 504,181 shares of the exchange traded fund’s stock valued at $173,362,000 after acquiring an additional 503,432 shares in the last quarter. 32.72% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $349.43 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $314.97 and a 12-month high of $356.70. The stock’s 50 day simple moving average is $338.50 and its 200 day simple moving average is $341.15.

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.