Moors & Cabot Inc. Has $1.90 Million Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Moors & Cabot Inc. lifted its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 9.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,458 shares of the exchange traded fund’s stock after acquiring an additional 385 shares during the period. Moors & Cabot Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,897,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of DIA. Tull Financial Group Inc. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the fourth quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 25 shares during the period. American Capital Advisory LLC grew its position 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 period. QRG Capital Management Inc. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the fourth 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. Seamount Financial Group Inc. grew its position in 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 valued at $2,032,000 after acquiring an additional 29 shares during the period. Finally, Founders Financial Alliance LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the fourth quarter. Founders Financial Alliance LLC now owns 8,376 shares of the exchange traded fund’s stock valued at $3,564,000 after acquiring an additional 32 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 Price Performance

Shares of NYSEARCA:DIA opened at $413.95 on Thursday. The business’s fifty day moving average price is $436.04 and its two-hundred day moving average price is $430.80. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The stock has a market capitalization of $35.47 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently announced 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 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.