Paloma Partners Management Co lowered its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 61.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,857 shares of the exchange traded fund’s stock after selling 4,560 shares during the period. Paloma Partners Management Co’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,200,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in DIA. GAMMA Investing LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 95.8% during the 1st quarter. GAMMA Investing LLC now owns 280 shares of the exchange traded fund’s stock valued at $118,000 after purchasing an additional 137 shares during the last quarter. Bessemer Group Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 5.6% during the 1st quarter. Bessemer Group Inc. now owns 1,314 shares of the exchange traded fund’s stock valued at $552,000 after purchasing an additional 70 shares during the last quarter. First Trust Advisors LP purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $399,000. CX Institutional purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter valued at $72,000. Finally, Hurlow Wealth Management Group Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter valued at $238,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.2%
Shares of DIA opened at $456.09 on Monday. The business’s fifty day simple moving average is $444.82 and its two-hundred day simple moving average is $427.01. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $457.87. The company has a market cap of $39.15 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94.
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.
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