IFP Advisors Inc Reduces Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

IFP Advisors Inc cut its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 39.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,296 shares of the exchange traded fund’s stock after selling 9,811 shares during the period. IFP Advisors Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in DIA. American Capital Advisory LLC grew its position 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 worth $29,000 after acquiring an additional 26 shares during the period. Crews Bank & Trust purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth approximately $53,000. FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $60,000. Truvestments Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $62,000. Finally, China Universal Asset Management Co. Ltd. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $64,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.9 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $434.15 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The stock has a 50 day moving average of $436.41 and a 200 day moving average of $428.72.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a $0.1624 dividend. The ex-dividend date 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.