Chung Wu Investment Group LLC Buys Shares of 17,815 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Chung Wu Investment Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,815 shares of the exchange traded fund’s stock, valued at approximately $7,580,000. SPDR Dow Jones Industrial Average ETF Trust accounts for about 7.6% of Chung Wu Investment Group LLC’s investment portfolio, making the stock its 2nd biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of DIA. Tull Financial Group Inc. boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% during the fourth quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 25 shares during the period. American Capital Advisory LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares in the last quarter. QRG Capital Management Inc. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 4th quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock valued at $1,471,000 after acquiring an additional 26 shares during the period. XML Financial LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the third quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock worth $1,016,000 after acquiring an additional 27 shares in the last quarter. Finally, Seamount Financial Group Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the fourth quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after acquiring an additional 29 shares during the period. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.2 %

DIA stock opened at $430.47 on Thursday. The stock has a 50-day simple moving average of $436.79 and a two-hundred day simple moving average of $430.40. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The firm has a market capitalization of $36.89 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 disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were issued a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

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.