SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) is Sykon Capital LLC’s 6th Largest Position

Sykon Capital LLC reduced its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.1% in the fourth quarter, Holdings Channel reports. The fund owned 28,932 shares of the exchange traded fund’s stock after selling 610 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up about 4.2% of Sykon Capital LLC’s portfolio, making the stock its 6th biggest position. Sykon Capital LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $12,311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIA. American Capital Advisory LLC increased its stake 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 valued at $29,000 after buying 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 valued at about $53,000. NewSquare Capital LLC grew its stake in 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 valued at $57,000 after purchasing an additional 108 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $59,000. Finally, FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $60,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $419.62 on Friday. The business’s 50-day moving average is $434.94 and its two-hundred day moving average is $430.84. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55. The firm has a market capitalization of $37.28 billion, a PE ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were issued a $0.1624 dividend. 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.