Pitti Group Wealth Management LLC Has $341,000 Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Pitti Group Wealth Management LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 802 shares of the exchange traded fund’s stock after purchasing an additional 33 shares during the quarter. Pitti Group Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $341,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American Capital Advisory LLC boosted 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 position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $53,000. NewSquare Capital LLC boosted its stake 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 acquiring an additional 108 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $59,000. Finally, FSA Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $60,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $415.36 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The stock has a market cap of $36.90 billion, a PE ratio of 22.75 and a beta of 0.94. The firm’s 50 day moving average price is $435.50 and its two-hundred day moving average price is $430.92.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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