Apollon Wealth Management LLC Increases Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Apollon Wealth Management LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 63.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 120,971 shares of the exchange traded fund’s stock after acquiring an additional 46,837 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up 1.2% of Apollon Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Apollon Wealth Management LLC owned approximately 0.14% of SPDR Dow Jones Industrial Average ETF Trust worth $51,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% during the third quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock worth $1,439,534,000 after purchasing an additional 3,394,290 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $113,015,000. Strategic Financial Concepts LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the 4th 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 during the period. USA Financial Formulas grew its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% in the 4th 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 in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $73,917,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $443.12 on Friday. The firm has a 50 day simple moving average of $436.79 and a 200-day simple moving average of $424.93. 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 firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be given a $0.1624 dividend. The ex-dividend date is 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.