1,136 Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Purchased by Ring Mountain Capital LLC

Ring Mountain Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,136 shares of the exchange traded fund’s stock, valued at approximately $483,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tull Financial Group Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the 4th quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 25 shares during the period. American Capital Advisory LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during 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. QRG Capital Management Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the fourth quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock worth $1,471,000 after acquiring an additional 26 shares during the period. XML Financial LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the third quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock worth $1,016,000 after acquiring an additional 27 shares during the period. Finally, Seamount Financial Group Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the fourth quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after acquiring an additional 29 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $432.09 on Tuesday. The firm has a market cap of $37.03 billion, a PE ratio of 24.21 and a beta of 0.95. The firm’s 50 day simple moving average is $436.97 and its 200-day simple moving average is $430.27. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $376.14 and a one year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Stockholders 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 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.