Synovus Financial Corp Cuts Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Synovus Financial Corp lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 38.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,766 shares of the exchange traded fund’s stock after selling 3,034 shares during the period. Synovus Financial Corp’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 650.0% during the 4th quarter. Legacy Investment Solutions LLC now owns 60 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 52 shares in the last quarter. American Capital Advisory LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the last quarter. Nemes Rush Group LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $50,000. Crews Bank & Trust acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $53,000. Finally, NewSquare Capital LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after buying an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $403.71 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $451.55. The stock has a market cap of $35.64 billion, a PE ratio of 23.00 and a beta of 0.91. The business’s fifty day moving average price is $421.75 and its two-hundred day moving average price is $429.65.

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.