Traders Purchase Large Volume of Call Options on SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the recipient of some unusual options trading on Tuesday. Stock investors acquired 81,667 call options on the company. This represents an increase of approximately 54% compared to the typical daily volume of 53,151 call options.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the third quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock valued at $1,439,534,000 after buying an additional 3,394,290 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $113,015,000. Mirae Asset Securities USA Inc. acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $78,226,000. Quadrature Capital Ltd purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $73,917,000. Finally, Strategic Financial Concepts LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $67,871,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.6 %

NYSEARCA DIA opened at $435.57 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $370.61 and a 1-year high of $451.55. The business’s 50-day simple moving average is $435.42 and its 200-day simple moving average is $414.76.

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.