Summit X LLC Boosts Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Summit X LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,686 shares of the exchange traded fund’s stock after acquiring an additional 162 shares during the quarter. Summit X LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $718,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in DIA. Pettinga Financial Advisors LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 23.9% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 14,446 shares of the exchange traded fund’s stock valued at $6,113,000 after acquiring an additional 2,791 shares during the period. Assetmark Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 413.5% during the 3rd quarter. Assetmark Inc. now owns 760 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 612 shares during the last quarter. Mesirow Financial Investment Management Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $270,000. Axxcess Wealth Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 149.5% during the 3rd quarter. Axxcess Wealth Management LLC now owns 2,997 shares of the exchange traded fund’s stock worth $1,268,000 after purchasing an additional 1,796 shares during the last quarter. Finally, Tyler Stone Wealth Management boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 41.5% during the 3rd quarter. Tyler Stone Wealth Management now owns 580 shares of the exchange traded fund’s stock worth $245,000 after purchasing an additional 170 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.1 %

Shares of DIA opened at $414.74 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The firm’s fifty day moving average is $436.27 and its two-hundred day moving average is $430.91. The stock has a market cap of $35.54 billion, a PE ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date of this dividend was Friday, January 17th.

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.