King Wealth Management Group Raises Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

King Wealth Management Group lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,735 shares of the exchange traded fund’s stock after purchasing an additional 144 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises about 1.0% of King Wealth Management Group’s holdings, making the stock its 24th biggest holding. King Wealth Management Group’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,121,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in DIA. American Capital Advisory LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. Crews Bank & Trust acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $53,000. NewSquare Capital LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the fourth quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 108 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $59,000. Finally, FSA Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $60,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $408.78 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55. The stock has a market capitalization of $35.03 billion, a PE ratio of 24.21 and a beta of 0.95. The stock has a 50-day simple moving average of $435.74 and a 200-day simple moving average of $430.64.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were paid a $0.1624 dividend. 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.