NEXT Financial Group Inc Raises Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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NEXT Financial Group Inc lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 56.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,612 shares of the exchange traded fund’s stock after buying an additional 2,397 shares during the quarter. NEXT Financial Group Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,022,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Tradewinds Capital Management LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 362.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 111 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 87 shares during the period. Capital Analysts LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $36,000. Key Financial Inc acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $50,000. Northwest Investment Counselors LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $56,000. Finally, TCI Wealth Advisors Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 30.9% in the fourth quarter. TCI Wealth Advisors Inc. now owns 195 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 46 shares during the last quarter. 35.40% of the stock is currently owned by hedge funds and other institutional investors.

NYSEARCA:DIA opened at $315.04 on Monday. The firm’s 50 day moving average is $308.08 and its two-hundred day moving average is $296.32. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $182.10 and a fifty-two week high of $315.76.

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.

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