Purkiss Capital Advisors LLC Invests $366,000 in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Purkiss Capital Advisors LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 860 shares of the exchange traded fund’s stock, valued at approximately $366,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. American Capital Advisory LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the last quarter. Crews Bank & Trust bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $53,000. FSA Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $60,000. Truvestments Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $62,000. Finally, Kestra Investment Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth approximately $69,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.4 %

NYSEARCA:DIA opened at $438.37 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The firm has a market capitalization of $37.56 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. The stock’s 50 day moving average price is $436.90 and its two-hundred day moving average price is $429.87.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm 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.

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.