AIA Group Ltd Acquires 253,320 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

AIA Group Ltd lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 246.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 356,075 shares of the exchange traded fund’s stock after purchasing an additional 253,320 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up 3.7% of AIA Group Ltd’s holdings, making the stock its 5th biggest holding. AIA Group Ltd’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $151,510,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. FMR LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.7% in the 3rd quarter. FMR LLC now owns 74,060 shares of the exchange traded fund’s stock valued at $31,336,000 after buying an additional 7,143 shares during the last quarter. Freedom Investment Management Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $249,000. Financial Counselors Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 81.7% in the third quarter. Financial Counselors Inc. now owns 2,266 shares of the exchange traded fund’s stock valued at $959,000 after buying an additional 1,019 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $118,000. Finally, Rockefeller Capital Management L.P. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 0.5% during the third quarter. Rockefeller Capital Management L.P. now owns 73,156 shares of the exchange traded fund’s stock worth $30,954,000 after buying an additional 355 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.7 %

Shares of DIA stock opened at $415.62 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The business has a fifty day simple moving average of $434.29 and a 200-day simple moving average of $431.65. The stock has a market cap of $36.92 billion, a P/E ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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