Parallel Advisors LLC Has $416,000 Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Parallel Advisors LLC cut its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 977 shares of the exchange traded fund’s stock after selling 30 shares during the period. Parallel Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $416,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIA. Tull Financial Group Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% during the fourth quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock valued at $239,000 after purchasing an additional 25 shares in the last quarter. American Capital Advisory LLC raised its holdings in shares of 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 worth $29,000 after buying an additional 26 shares in the last quarter. QRG Capital Management Inc. raised its holdings 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 worth $1,471,000 after buying an additional 26 shares in the last quarter. Seamount Financial Group Inc. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the 4th quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after buying an additional 29 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the fourth quarter. Founders Financial Alliance LLC now owns 8,376 shares of the exchange traded fund’s stock worth $3,564,000 after acquiring an additional 32 shares in the last quarter. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.1 %

Shares of NYSEARCA DIA opened at $419.62 on Friday. The company has a market cap of $37.28 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55. The stock has a 50-day moving average price of $434.94 and a two-hundred day moving average price of $430.84.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed 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 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.