Paloma Partners Management Co Sells 18,770 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Paloma Partners Management Co reduced its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 71.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,417 shares of the exchange traded fund’s stock after selling 18,770 shares during the quarter. Paloma Partners Management Co’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,156,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Legacy Investment Solutions LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 650.0% in the fourth quarter. Legacy Investment Solutions LLC now owns 60 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 52 shares during the last quarter. American Capital Advisory LLC grew its stake in shares of 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 worth $29,000 after purchasing an additional 26 shares during the last quarter. Nemes Rush Group LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $50,000. Crews Bank & Trust bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $53,000. Finally, NewSquare Capital LLC grew its stake in shares of 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 worth $57,000 after purchasing an additional 108 shares during the last quarter. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $402.27 on Tuesday. The stock has a market capitalization of $34.99 billion, a PE ratio of 21.45 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $451.55. The business’s 50-day moving average is $412.63 and its 200 day moving average is $427.93.

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.