Investors Purchase Large Volume of SPDR Dow Jones Industrial Average ETF Trust Put Options (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the target of unusually large options trading activity on Tuesday. Traders purchased 73,260 put options on the stock. This represents an increase of 30% compared to the typical daily volume of 56,192 put options.

Institutional Investors Weigh In On SPDR Dow Jones Industrial Average ETF Trust

A number of institutional investors have recently made changes to their positions in DIA. International Assets Investment Management LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock worth $1,439,534,000 after purchasing an additional 3,394,290 shares during the period. SG Americas Securities LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% during the second quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock valued at $205,450,000 after purchasing an additional 578,707 shares during the period. The Manufacturers Life Insurance Company bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $113,015,000. Mirae Asset Securities USA Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $78,226,000. Finally, Quadrature Capital Ltd bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $73,917,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.3 %

NYSEARCA DIA traded up $1.32 during trading hours on Tuesday, reaching $448.88. 3,995,258 shares of the stock traded hands, compared to its average volume of 3,456,250. The stock has a 50 day simple moving average of $427.61 and a two-hundred day simple moving average of $408.91. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $352.78 and a 1 year high of $449.33.

SPDR Dow Jones Industrial Average ETF Trust Company 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.