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Dow rallies 347 points as stocks close higher for week

Dow rallies 347 points as stocks close higher for week

SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) opened at $249.49 on Friday. The Dow Jones Small-Cap Growth TSM Index closed at 9,510.29 for a loss of -62.44 points or -0.65%.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital Analysts LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF by 100.0% in the 4th quarter. Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF in the 4th quarter worth $201,000. This is a positive change from SPDR Dow Jones Industrial Average ETF's previous monthly dividend of $0.14. Banco de Sabadell S.A bought a new stake in SPDR Dow Jones Industrial Average ETF during the 4th quarter valued at about $34,307,000. Finally, Private Vista LLC increased its position in SPDR Dow Jones REIT ETF by 19.3% during the fourth quarter.

Chesapeake Energy Corp (CHK.N) shares surged 21.67 percent, their biggest daily percentage gain since April 2016, after the company's quarterly results and outlook.

Entering Friday's session, the Dow and S&P 500 were on track to close down by 1 percent for the week. 165,635 shares of the company's stock traded hands, compared to its average volume of 303,256.

The ETF is -9.32% of its 52-Week High and 30.99% of its low, and is now having ATR of 0.24.

COPYRIGHT VIOLATION WARNING: "Ullmann Financial Group Inc".

SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) was the target of a large decrease in short interest in the month of January.

Major indexes advanced early as worries about a faster pace of interest rate hikes by the U.S. Federal Reserve were eased by comments by St. Louis Fed President James Bullard, who expressed concerns that a "bunch of hikes" could turn Fed policy restrictive. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960.

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