Proficio Capital Partners LLC Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Proficio Capital Partners LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 32,338 shares of the exchange traded fund’s stock, valued at approximately $13,760,000.

A number of other hedge funds have also modified their holdings of the business. Strategic Financial Concepts LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth 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. Kingsview Wealth Management LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,250 shares of the exchange traded fund’s stock worth $1,375,000 after acquiring an additional 452 shares during the last quarter. Park Avenue Securities LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $381,000. Farther Finance Advisors LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2,271.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,992 shares of the exchange traded fund’s stock valued at $843,000 after purchasing an additional 1,908 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.9% in the fourth quarter. DAVENPORT & Co LLC now owns 6,373 shares of the exchange traded fund’s stock valued at $2,712,000 after purchasing an additional 299 shares during the period. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.4 %

DIA opened at $438.37 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $376.14 and a 52 week high of $451.55. The business has a fifty day simple moving average of $436.90 and a 200-day simple moving average of $429.87. The firm has a market cap of $37.56 billion, a P/E ratio of 24.21 and a beta of 0.95.

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 issued a dividend of $0.1624 per share. 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.