Ascension Capital Advisors Inc. Purchases Shares of 20,215 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Ascension Capital Advisors Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,215 shares of the exchange traded fund’s stock, valued at approximately $8,601,000. SPDR Dow Jones Industrial Average ETF Trust makes up about 3.7% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds also recently made changes to their positions in the business. American Capital Advisory LLC raised 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 purchasing an additional 26 shares during the period. Crews Bank & Trust acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $53,000. FSA Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $60,000. Truvestments Capital LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $62,000. Finally, China Universal Asset Management Co. Ltd. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $64,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $436.13 on Wednesday. The firm has a market capitalization of $37.37 billion, a P/E ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The company’s 50 day simple moving average is $436.35 and its 200-day simple moving average is $429.29.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date of this dividend 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.