Y Intercept Hong Kong Ltd Invests $1.83 Million in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Y Intercept Hong Kong Ltd acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,297 shares of the exchange traded fund’s stock, valued at approximately $1,828,000.

A number of other institutional investors and hedge funds have also made changes to their positions in DIA. The Manufacturers Life Insurance Company purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $113,015,000. Strategic Financial Concepts LLC boosted its position in 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 purchasing an additional 250,078 shares during the period. USA Financial Formulas boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after purchasing an additional 187,099 shares during the period. Quadrature Capital Ltd purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $73,917,000. Finally, Private Advisor Group LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 106.1% during the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after purchasing an additional 145,050 shares during the period. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.4 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $436.13 on Wednesday. The company has a fifty day moving average price of $436.35 and a 200 day moving average price of $429.29. The stock has a market cap of $37.37 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed 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.

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.