Maple Capital Management Inc. Purchases Shares of 679 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Maple Capital Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, Holdings Channel.com reports. The fund purchased 679 shares of the exchange traded fund’s stock, valued at approximately $289,000.

Several other institutional investors also recently bought and sold shares of the business. Sims Investment Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $760,000. SVB Wealth LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $1,034,000. Private Trust Co. NA grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.0% during the 4th quarter. Private Trust Co. NA now owns 2,323 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 151 shares during the period. Verus Capital Partners LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 24.9% during the 4th quarter. Verus Capital Partners LLC now owns 4,403 shares of the exchange traded fund’s stock valued at $1,873,000 after buying an additional 877 shares during the period. Finally, QRG Capital Management Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 4th quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock valued at $1,471,000 after buying an additional 26 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 Trading Up 1.4 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $438.37 on Friday. The company has a fifty day moving average price of $436.90 and a 200 day moving average price of $429.65. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The stock has a market cap of $37.56 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 declared a dividend, which was paid on Tuesday, February 18th. Investors 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.