QRG Capital Management Inc. Boosts Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

QRG Capital Management Inc. increased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,457 shares of the exchange traded fund’s stock after acquiring an additional 26 shares during the quarter. QRG Capital Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,471,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in DIA. American Capital Advisory LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the period. Crews Bank & Trust purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $53,000. FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $60,000. Truvestments Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $62,000. Finally, Kestra Investment Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $69,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.4 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $438.37 on Monday. The firm’s 50 day moving average price is $436.90 and its 200-day moving average price is $430.08. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The company 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 disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were given a $0.1624 dividend. 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.