PKS Advisory Services LLC Invests $3.81 Million in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

PKS Advisory Services LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,980 shares of the exchange traded fund’s stock, valued at approximately $3,809,000. SPDR Dow Jones Industrial Average ETF Trust makes up 1.0% of PKS Advisory Services LLC’s portfolio, making the stock its 17th largest position.

A number of other institutional investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $195,249,000. Wealthfront Advisers LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% during the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after buying an additional 411,579 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth approximately $113,015,000. Strategic Financial Concepts LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after acquiring an additional 250,078 shares in the last quarter. Finally, USA Financial Formulas increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock valued at $80,608,000 after acquiring an additional 187,099 shares during the period. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $425.49 on Tuesday. The business has a 50 day moving average price of $434.99 and a two-hundred day moving average price of $431.25. The company has a market capitalization of $37.80 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were issued 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.