Nemes Rush Group LLC Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Nemes Rush Group LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 118 shares of the exchange traded fund’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. CHURCHILL MANAGEMENT Corp boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock valued at $228,870,000 after buying an additional 4,029 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $195,249,000. Wealthfront Advisers LLC grew its position 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 worth $177,094,000 after acquiring an additional 411,579 shares during the last quarter. AIA Group Ltd increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 246.5% in the 4th quarter. AIA Group Ltd now owns 356,075 shares of the exchange traded fund’s stock worth $151,510,000 after purchasing an additional 253,320 shares during the period. Finally, SG Americas Securities LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 76.1% in the fourth quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock valued at $131,867,000 after purchasing an additional 133,961 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $422.03 on Thursday. 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 moving average price is $433.19 and its 200-day moving average price is $431.67. The stock has a market capitalization of $37.26 billion, a price-to-earnings ratio of 23.00 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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