IPG Investment Advisors LLC Purchases 185 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

IPG Investment Advisors LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 25.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 921 shares of the exchange traded fund’s stock after buying an additional 185 shares during the quarter. IPG Investment Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $393,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $195,249,000. Wealthfront Advisers LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% during the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after buying an additional 411,579 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after buying an additional 250,078 shares during the period. USA Financial Formulas increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% in the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock valued at $80,608,000 after acquiring an additional 187,099 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $73,917,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.7 %

DIA opened at $415.62 on Friday. The company has a fifty day moving average price of $434.29 and a two-hundred day moving average price of $431.50. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The company has a market cap of $36.92 billion, a P/E ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a $0.1624 dividend. The ex-dividend date of this dividend 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.