IPG Investment Advisors LLC Has $393,000 Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

IPG Investment Advisors LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 25.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 921 shares of the exchange traded fund’s stock after purchasing an additional 185 shares during the period. IPG Investment Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $393,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. CHURCHILL MANAGEMENT Corp grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock worth $228,870,000 after buying an additional 4,029 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $195,249,000. Wealthfront Advisers LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after buying an additional 411,579 shares in the last quarter. SG Americas Securities LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 76.1% in the fourth quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock worth $131,867,000 after purchasing an additional 133,961 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 106.1% in the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock valued at $119,900,000 after buying an additional 145,050 shares in the last quarter. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $415.62 on Friday. The stock’s fifty day moving average price is $434.29 and its two-hundred day moving average price is $431.50. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The company has a market cap of $36.92 billion, a PE ratio of 22.75 and a beta of 0.94.

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 given a $0.1624 dividend. The ex-dividend date was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Company 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.