Ayalon Insurance Comp Ltd. Raises Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Ayalon Insurance Comp Ltd. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 180.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,213 shares of the exchange traded fund’s stock after purchasing an additional 7,856 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 1.6% of Ayalon Insurance Comp Ltd.’s investment portfolio, making the stock its 18th largest holding. Ayalon Insurance Comp Ltd.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $4,866,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth $36,000. Cetera Trust Company N.A bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $38,000. Partnership Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $40,000. Glassman Wealth Services raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 400.0% during the fourth quarter. Glassman Wealth Services now owns 110 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 88 shares during the period. Finally, Security National Bank bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $49,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA:DIA traded up $0.22 on Wednesday, reaching $391.24. 1,466,162 shares of the company’s stock traded hands, compared to its average volume of 3,519,023. The stock has a 50-day simple moving average of $388.54 and a 200-day simple moving average of $385.17. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $400.99.

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.